The developer of a $1 billion fuel-cell powered data center in New Britain, slated to begin first-phase construction this fall, has secured a state tax break worth up to $55.2 million. The quasi-public Connecticut Innovations (CI) last week approved the 10-year sales-and-use tax exemption for EIP Investment LLC’s purchase of capital equipment for its data center, to be housed in redeveloped buildings on the historic Stanley Works manufacturing campus. The data center would be the second phase of the project, costing an estimated $300 million, according to EIP. The $100 million first phase, to begin by early fall and wrap up next year, is the installation of 44 fuel cells manufactured by Doosan in South Windsor.
https://www.hartfordbusiness.com/article/planned-new-britain-data-center-secures-55m-tax-break