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Mayor: NIPSCO decision could determine fate of Hammond data center and $80 million in revenue
Summary
At a Hammond City Council meeting, Mayor Thomas McDermott Jr. said a planned AI data center that developers say could bring $80 million to the city over 20 years depends on NIPSCO’s ability and willingness to provide power; developers have paid $25 million toward the connection, the mayor said.
At the Hammond City Council meeting, Mayor Thomas McDermott Jr. said the city’s planned AI data center — a project with a contractor named Decennial and a prospective main tenant CoreWeave — hinges on whether NIPSCO will provide the necessary power.
The mayor told council members the project could be worth “up to $7,000,000,000” in private investment and that, under the development agreement, Hammond would receive about $80,000,000 over 20 years if the facility is built and powered. “If they turn on the light switch, Hammond gets $80,000,000,” he said.
Why it matters: the data center would bring large private investment and long-term revenue to Hammond, but the mayor said the utility’s…
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