The Board of Selectmen, in a joint meeting Wednesday with the Representative Town Meeting, agreed to become the host municipality for a data center project, the first of its kind per Attorney William McCoy, who represents the developer, NE Edge, LLC. The town is set to receive more than $231 million over 30 years from the developer, including nearly $18.6 million in the first year of the deal. Payments would increase annually and would make NE Edge the second-largest taxpayer in town behind Dominion Energy, LLC. The project would generate between 1,500 and 2,000 construction jobs, which union representatives such as Keith Brothers, the general vice president of Connecticut American Federation of Labor and Congress of Industrial Organizations, and Chris Bachant, a council representative for the Carpenters Local 326 Labor Union, strongly supported. McCoy said the construction is expected to take five years to complete and will start with the larger of the two buildings.
https://www.theday.com/local-news/20230223/waterford-opens-the-door-to-data-centers-at-millstone/