AIB Data Centers contracted 65 megawatts under a 15-year power agreement, with services scheduled to commence October 1.

AIB’s SEC-filed September presentation reports 65 megawatts of contracted power under a 15-year agreement, labeled an ESA in the document. It states that the agreement has been executed and that services commence October 1.

The presentation describes this as firm power secured before development capital. AIB also states that its approach is to execute utility agreements before breaking ground, targeting markets with available generation and transmission capacity; this is the company’s stated development strategy.

The broader opportunity set is at a different transaction stage: the presentation identifies approximately 570 megawatts overall and approximately 505 megawatts across five additional sites under evaluation, including 260 megawatts under non-binding letters of intent. These evaluation and letter-of-intent figures are not additional executed power commitments.

The contracted 65 megawatts should not be presented as commissioned data-center capacity or installed computing hardware. The supplied excerpt does not identify the utility counterparty, electricity pricing, construction completion date, GPU procurement, or signed tenant contracts associated with the agreement.