Connecticut: Ne Edge: Developments announced at Millstone data center project
Feb 23, 2023 | Posted by MadalineDunn
NE Edge Manager George McLaughlin III has announced plans for a data center in Connecticut at the Millstone nuclear power station. The two-building project contains one building with two 568,000 sqft stories, and a second with two 214,000 square foot stories. In total, the development would span 1.5 million square feet for cloud and data storage servers.
The facility would be situated at Millstone Nuclear Power Station property, and is subject to approval by the town. If approval goes ahead, the project would see developer NE Edge pay $231 million over 30 years in place of property taxes.
This deal aligns with the regulations in Connecticut, updated in 2021, where state lawmakers in 2021 exempted large data centers from local property taxes if a fee to be paid to the municipality could be agreed upon.
Speaking about the development, the company said: “In cooperation with Dominion Energy, we are planning a two-building data center project at their Millstone site on Rope Ferry Road in Waterford. We are committed to providing Waterford with over $231 million dollars over 30 years as fees in lieu of the personal and real property taxes, which are exempted for data centers under the Connecticut law.”
Meanwhile, Dominion Energy commented: “Dominion Energy is exploring this opportunity with NE Edge to help respond to a critical data infrastructure need in our state,” Dominion Energy’s Millstone site vice president Michael O’Connor said. “The data center’s need to find a suitable site and the availability of space on Millstone Power Station property make this a potentially beneficial partnership for Dominion Energy.”
The development proposal has been welcomed by some officials within the community, including Waterford First Selectman Rob Brule, who said: “We are encouraged to see our largest taxpayer reinvest in our community. This particular collaboration will undoubtedly benefit every taxpayer in the Town of Waterford, not only today, but for generations to come.”
Meanwhile, State Sen. Martha Marx, D-New London, whose district includes Waterford, commented: “This project will provide long-term benefits for Waterford and its neighbors, infusing new opportunities for business growth into the area.”
The facility would be situated at Millstone Nuclear Power Station property, and is subject to approval by the town. If approval goes ahead, the project would see developer NE Edge pay $231 million over 30 years in place of property taxes.
This deal aligns with the regulations in Connecticut, updated in 2021, where state lawmakers in 2021 exempted large data centers from local property taxes if a fee to be paid to the municipality could be agreed upon.
Speaking about the development, the company said: “In cooperation with Dominion Energy, we are planning a two-building data center project at their Millstone site on Rope Ferry Road in Waterford. We are committed to providing Waterford with over $231 million dollars over 30 years as fees in lieu of the personal and real property taxes, which are exempted for data centers under the Connecticut law.”
Meanwhile, Dominion Energy commented: “Dominion Energy is exploring this opportunity with NE Edge to help respond to a critical data infrastructure need in our state,” Dominion Energy’s Millstone site vice president Michael O’Connor said. “The data center’s need to find a suitable site and the availability of space on Millstone Power Station property make this a potentially beneficial partnership for Dominion Energy.”
The development proposal has been welcomed by some officials within the community, including Waterford First Selectman Rob Brule, who said: “We are encouraged to see our largest taxpayer reinvest in our community. This particular collaboration will undoubtedly benefit every taxpayer in the Town of Waterford, not only today, but for generations to come.”
Meanwhile, State Sen. Martha Marx, D-New London, whose district includes Waterford, commented: “This project will provide long-term benefits for Waterford and its neighbors, infusing new opportunities for business growth into the area.”
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