PORTS Technology Campus — 10 GW AI data center + up to 10 GW power generation at former Portsmouth Gaseous Diffusion Plant, Piketon, Pike County, Ohio

SoftBank CEO Masayoshi Son broke ground on March 20 at the former DOE Portsmouth uranium enrichment site in Piketon, OH, rebranded as the PORTS Technology Campus. Phase 1: 800 MW data center (online in ~2 years). Full build: 10 GW data center capacity with up to 10 GW co-located power generation including 9.2 GW natural gas. Son stated total investment could reach $1 trillion over 50 years. Part of a broader $550B Japanese investment in the US linked to trade tariff negotiations. DOE Secretary Chris Wright and Commerce Secretary Howard Lutnick attended. SoftBank assembled a consortium of American and Japanese firms. Separate from SoftBank's Stargate AI initiative with OpenAI and Oracle. Officials stated the co-located power plant would not increase local electricity bills and excess capacity would feed back into the PJM grid.

Deal Details

Deal Type

Project Finance

Seller / Sponsor

SoftBank Group; SB Energy; AEP Ohio

Deal Value

~$33B (Phase 1; $500B+ over 50 years)

Stage

Development

ISO/RTO

PJM

Source

SoftBank Group