Rotating Data
Explore the map
Home/Deal Room/Creekstone advances 10 GW Delta Utah AI gigasite

Data centers · Evidence brief

Creekstone advances 10 GW Delta Utah AI gigasite

Creekstone Energy + Trident Ridge + Pelion Ventures

Primary sourcePress release only2025-11-05
Deal structureSeries B financing / AI gigasite and behind-the-meter power development
GeographyDelta / Millard County, Utah
Infrastructure layersData centers + power + storage + fiber
Disclosed scaleUndisclosed Series B financing to advance permitting, engineering and early construction of a planned 10 GW AI data-center campus in Delta, Utah

Why it matters

The strategic read

Adds Utah’s Millard County gigasite thesis to the archive: AI data-center demand is being translated into a planned power-and-compute campus at a scale far beyond a conventional colocation project. The financing is real, while the 10 GW figure remains a developer plan rather than delivered capacity.

Source-supported terms

What was disclosed

  1. 01

    Creekstone said it closed a Series B round led by Trident Ridge with participation from Pelion Ventures.

  2. 02

    The company said proceeds would support permitting, engineering and early construction of its planned 10 GW Delta Gigasite.

  3. 03

    The announcement described the project as a hybrid-generation campus for AI and high-performance computing.

  4. 04

    Creekstone said it was working toward delivery of its first powered data centers in 2026; the release did not identify customers or disclose the financing amount.

Disclosure boundary

What is known—and what is not

Primary financing announcement. The round amount, named end-customer leases, final power offtake terms, full permits, construction contracts, equipment schedules, financing stack and customer reservation terms are not public.