Texas AI Docket

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Certified facility dossier

Beacon Point 1 Data Center

A Hut Eight turnkey data center project in Nueces County backed by a long term lease and secured construction financing. The public securities filings describe the first phase in detail but keep the computing customer confidential.

14Sourced facts3Source records5Open gaps

What the record establishes

Critical information technology capacity
352 MW[2]
Planned data halls
6 units[2]
Project area
521 acres[2]
Senior secured notes issued for development and construction
$4.2 billion[3]
Project location
Nueces County[2]
Project design
6 data halls and a project substation[2]
Lease structure
Triple net lease covering the entire facility[3]
Tenant credit description
High investment grade with a rating of AA minus or higher[2]
Construction financing issue date
June 9th, 2026[3]
Owner of record
Beacon Point Commercial Property Owners Association, Inc.[1]registry read August 27th, 2026
Additional owner of record
TX Energy Dev, LLC[1]registry read August 27th, 2026
Additional owner of record
Beacon Point DC, LLC[1]registry read August 27th, 2026
Occupant and operator of record
Beacon Point DC, LLC[1]as of August 27th, 2026
Certification effective
April 16th, 2026[1]

What changes the reading

  • The securities filing identifies Beacon Point DC as an indirect wholly owned subsidiary of Hut Eight. It does not name the tenant behind the long term lease.[2][3]
  • The note proceeds finance development and construction. The financing amount is not a stated construction cost and should not be presented as one.[3]
  • The lease and credit rating establish a contracted customer relationship without revealing the customer's identity. Public speculation is not substituted for a filing.[2][3]
  • The registry lists multiple property owners, while the securities filings focus on the project company that issued the debt. Those records describe different parts of the ownership structure.[1][3]

Still not public

  • The computing customer has not been named.
  • Construction progress and a confirmed opening date are not public.
  • Delivered power and actual electrical demand are not public.
  • Cooling design and expected water use are not public.
  • Backup generation and battery plans are not public.

Source trail

  1. Data Center ListsTexas Comptroller of Public AccountsfilingRead August 27th, 2026.
  2. Hut 8 Current Report on Beacon PointUnited States Securities and Exchange CommissionfilingRead August 27th, 2026.
  3. Beacon Point Senior Secured Notes DisclosureUnited States Securities and Exchange CommissionfilingRead August 27th, 2026.

The registry entry for this facility comes from the Texas Comptroller's certified list of data centers holding a sales tax exemption. Owner, occupant and operator are roles in that filing rather than descriptions of who runs the building.