EverWind Fuels Announces C$10 Billion Investment for AI Data Center in Nova Scotia

EverWind Fuels has unveiled plans to invest more than C$10 billion in a data center campus and wind infrastructure in Nova Scotia, a significant move for a region typically associated with lobster and lighthouses. This investment, announced on October 16, 2026, is touted as the largest privately funded initiative in the province's history.

Investment Breakdown

The bulk of the investment, over C$8 billion, will be directed towards the development and financing of the data center campus located at EverWind’s Point Tupper site. The remaining C$2 billion is allocated to expanding the company’s onshore wind portfolio, which will support the energy needs of the data center.

Lease Agreement with Anthropic

As part of this initiative, Anthropic has signed a long-term lease for capacity at the new data center, marking its first data center deal in Canada. The initial lease spans at least 20 years and covers the first phase of the campus, which is planned to have a capacity of 95 MW, expected to be operational by late 2027. The total capacity is projected to reach 420 MW by 2028.

Economic Impact

The project is anticipated to create around 2,000 construction jobs and 215 permanent positions. During the construction phase, it is expected to contribute approximately C$2 billion to the provincial GDP. Once fully operational, the facility could generate an estimated C$137 million annually in economic output, with corporate income tax projected at around C$1.5 billion over the first two decades.

Community Commitment

Both EverWind and Anthropic have committed to ensuring that the costs associated with the electricity infrastructure do not burden local ratepayers. Additionally, they aim to provide benefits to the surrounding community as part of this large-scale project.