Connecticut Innovations helps secure financing for Energy Park Phase 2

Connecticut Innovations helps secure financing for Energy Park Phase 2

The first phase of the $1 billion green-energy and high-speed data center complex is a $100 million, 20-megawatt fuel cell. Construction will begin in the fall and the project will take place at the Stanley Works campus. According to the announcement, the company will spend $300 million in Phase 2 to build and renovate the data center complex to “white space” configuration, which will include high-performing computers and servers to make a high performance computing center. More than 3,000 direct and indirect jobs are expected to be created by EIP in the next 20 years. The project is also expected to generate $45 million in tax revenues for New Britain and more than $200 million for the state of Connecticut.

http://www.newbritainherald.com/NBH-New+Britain+News/355411/connecticut-innovations-helps-secure-financing-for-energy-park-phase-2

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