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Hyperscale Data hires Newmark to arrange non-dilutive long-term debt financing for the Michigan AI data center campus

2026-10-28 19:16:46

The park is operated by ACS and has signed a 10-year master service agreement with a new cloud service provider in California, initially providing 20 megawatts of critical AI computing capacity. The client has two options for five-year renewals and holds a preferential offer for an additional 32 megawatts of capacity, with a total capacity of up to 52 megawatts.

The company expects the first batch of 10 megawatts of capacity to be powered on in December 2026 and begin generating revenue.

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