ChainCatcher reports that publicly traded company Hut 8 has reached an agreement with West Feliciana Parish, Louisiana, to invest approximately $16 million in expanding the local water infrastructure to support the development of its River Bend AI data center campus. The investment includes constructing new wells and an approximately 8-mile-long main water supply line, which will be transferred free of charge to the parish upon completion in the second half of 2026. The first phase of the River Bend campus represents a multi-billion-dollar capital investment and is expected to support a total of 268 jobs upon full operation. The campus will utilize a closed-loop cooling system to reduce demand on local water resources.
Hut 8 Invests $16M to Expand Water System for River Bend AI Data Center
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Summary
Hut 8 has announced a $16 million investment to expand the water system in West Feliciana Parish, Louisiana, to support its River Bend AI data center. The project includes new water wells and an 8-mile pipeline, which will be donated to the parish by late 2026. The first phase of the River Bend project involves billions in capital investment and is expected to create 268 jobs. The facility will utilize a closed-loop cooling system to reduce local water consumption. Investors tracking altcoins to watch may consider how inflation data influences broader market sentiment.
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