NE Edge transfers Waterford data center rights to new company

The Board of Selectmen voted 2-1 Wednesday to give proposed data center developer NE Edge LLC permission to assign the host fee agreement it signed with the town in 2023 to a subsidiary company. Belmont, Mass.-based NE Edge has sought to build a data center consisting of two two-story buildings and a switchyard on 55 acres of the Millstone Power Station property. But so far it’s had trouble getting approval to do so. In order for the project to proceed through town boards and commissions for approval, Dominion Energy Nuclear Connecticut has to petition the Connecticut Siting Council, which oversees power-generating facilities in the state, to host the data center on its property. The host fee agreement opened the door for the town to host NE Edge data center at Millstone and called for NE Edge to pay the town $231 million over 30 years. McCoy said under the agreement, NE Edge has until March 2026 to obtain building permits or the project.

https://theday.com/news/731121/ne-edge-transfers-waterford-data-center-rights-to-new-company/

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