Amazon’s $100M Land Deal Launches $10B Data Center Project in Ohio – Amazon.com (NASDAQ:AMZN)

Amazon.com, Inc. Amzn It paid more than $100 million for two parcels of land to build two data centers in Fayette County, Ohio.

Amazon Data Services Inc. bought 243 acres of land for $60.2 million and another 346 acres for approximately $42.2 million. According to For a Columbus Dispatch report Tuesday. Construction of the data centers is expected to begin in early 2025.

In Fayette County, where Amazon plans to spend $5 billion by 2030, the new location is expected to create more than 100 Amazon jobs and support thousands more across its supply chains.

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More to come for Ohio’s $10 billion data centers

The two parcels of land represent the first site for Amazon Web Service’s planned $10 billion investment in data centers by 2030 across Ohio, which will include up to eight more sites in the Buckeye State, according to the company.

“As AWS continues to invest in Ohio, we are grateful for local leadership in Fayette County that supports our ability to grow and innovate on behalf of our customers.” Roger WeinerVice President of Economic Development at Amazon Web Services. “We look forward to leveraging our strong public-private partnerships to expand the impact of our investments across the state, providing new educational and workforce opportunities for the next generation of tech talent.”

Unprecedented demand for energy

In 2024, Google and Amazon added nearly 400 megawatts of data center capacity around the greater Columbus area. This was the most capacity added to any city in the U.S., Bloomberg I mentioned at that time.

“The last time the U.S. electrical industry experienced unexpected new growth in demand like this was during World War II,” he wrote. chris seibel, Wood Mackenzie Vice President of Energy and Renewables October 2024 a report. Wood Mackenzie is a global data and analytics solutions company.

The surge in data centers means Ohio is expected to consume a significant amount of electricity, making the region’s energy demand similar to all of Manhattan by 2030, according to American electric power.

“The demand for computing power from data centers, which require huge amounts of electricity, is being fueled by artificial intelligence and other new technologies,” he said. Mark RitterAEP Ohio president and chief operating officer in May 2024 press release. “AEP Ohio is seeing unprecedented demand from data center customers, especially in the central Ohio region.”

Meanwhile, the Electric Power Research Institute predicts that by 2030, data centers could account for as much as 9% of the electricity produced in the entire United States, more than double their current usage. The non-profit energy research organization raises concerns about regional supply challenges.

“The data center boom requires closer collaboration between large data center owners, developers, utilities, government and other stakeholders to ensure we can meet AI needs while maintaining reliable and affordable power for all customers.” He said David PorterVice President for Electricity and Sustainable Energy at the Petroleum Research Institute.

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