Home/Deal Room/STACK advances $73.5B Berry Hill AI data-center campus

Data centers · Evidence brief

STACK advances $73.5B Berry Hill AI data-center campus

STACK Infrastructure + Danville-Pittsylvania Regional Industrial Facility Authority

Near-primary sourcePermit / utility filing2026-05-18
Deal structureLocal performance agreement / hyperscale AI data-center campus development
GeographyBerry Hill / Pittsylvania County and Danville, Virginia
Infrastructure layersData centers + power infrastructure + construction / EPC
Disclosed scaleAt least $73.5B committed investment under local performance metrics, with a roughly $100B planned 30-year buildout and 2,990-acre land option; project is contingent on about 299 MW of grid capacity by 2028

Why it matters

The strategic read

Adds one of the largest U.S. AI data-center campus commitments disclosed through a local development agreement, shifting the Berry Hill megasite from land option into performance-agreement execution. The power contingency is the tell: even a $73.5B-plus campus still depends on Appalachian Power grid capacity, making utility deliverability the gating asset.

Source-supported terms

What was disclosed

  1. 01

    Danville-Pittsylvania Regional Industrial Facility Authority members unanimously approved a local performance agreement with STACK Infrastructure for the Southern Virginia Megasite at Berry Hill.

  2. 02

    Virginia Business reported that the agreement requires STACK to invest at least $73.5B and create at least 2,050 jobs with an $80,500 average annual wage.

  3. 03

    Local reporting says STACK’s planned investment is currently about $100B over three decades, with 2,500 jobs over two decades.

  4. 04

    DCD reported that STACK-affiliated SAC III Acquisition can acquire up to 2,990 acres at the megasite, with land purchases phased through June 2031.

  5. 05

    DCD also reported the deal is contingent on sourcing 299 MW of grid capacity by the end of 2028 from Appalachian Power.

  6. 06

    STACK said approval of the local performance agreement marks a major milestone in bringing community-first economic growth to the Danville-Pittsylvania area.

  7. 07

    STACK already lists more than 700 MW across Northern Virginia campuses, is developing a 1 GW Stafford County campus, and has about 4 GW operating or in development globally with another 6 GW planned.

Disclosure boundary

What is known—and what is not

Local performance agreement approval reported by Virginia Business, Cardinal News, DCD and local media; signed agreement text, customer identities, final land closings, power-delivery contracts, construction schedule, EPC awards, tax-exemption durability, financing plan and full campus phasing remain execution-dependent and not fully public.