Jacobs Secures Role on $9.8B, 352MW Hut 8 AI Campus Project
J•Jacobs secures Tier 1 engineering and critical systems role on Hut 8’s 352 MW AI data center lease valued at $9.8 billion, underpinning the first phase of a 1 GW Beacon Point campus. Beacon Point’s potential expansion to 1 GW and contract value up to $25.1 billion with renewals could bolster Jacobs’ infrastructure services backlog.
1. Tier 1 Partnership Scope
Jacobs has been named a Tier 1 partner for Hut 8’s first phase of the Beacon Point AI data center campus, responsible for engineering, construction coordination, and critical systems delivery for the 352 MW AI factory designed to NVIDIA’s DSX reference architecture.
2. Project Scale and Contract Value
The base 15-year lease for 352 MW carries a $9.8 billion value, with a 3% annual rent escalation and three 5-year renewal options that could expand total contract value to approximately $25.1 billion, offering Jacobs significant long-term project scope.
3. Strategic Backlog Impact
Inclusion in this gigawatt-scale AI infrastructure development enhances Jacobs’ data center services pipeline and underscores its role in large-scale, high-value technology projects as demand for energy-intensive computing grows.
