Amazon Web Services purchases Talen Energy's Cumulus data center campus (Berwick, PA)

[FakeNoose]

Amazon will pay $650 million for a rare nuclear-powered data center near Berwick to support and lower the carbon footprint of its extremely energy-intensive cloud services.



Wilkes-Barre Times-Leader link: https://www.timesleader.com/news/1647401/amazon-web-services-purchases-talen-energys-cumulus-data-center-campus

WILKES-BARRE — Talen Energy Corp. recently announced the sale of its 960-megawatt Cumulus data center campus in Berwick to Amazon Web Services for $650 million.

“We are pleased to have sold our Cumulus data center campus, unlocking significant value for Talen,” said Talen President and Chief Executive Officer Mac McFarland in a news release. “This transaction provides an attractive return on Talen’s investment and vision in building Cumulus, and creates value through the sale of clean carbon-free power from our top-decile Susquehanna nuclear plant.”

According to the investor presentation on Talen Energy’s website, the deal comprises $350 million at close and $300 million escrowed, released upon development milestones anticipated in 2024.

The Talen presentation claimed the sale will have a positive impact on the broader community in three ways:
• Create full-time jobs and skilled construction jobs, with the potential to attract talent and other businesses to Pennsylvania.
• Catalyze significant economic development, including fiber, water and technology infrastructure and other local services.
• Strengthen the nuclear power plant, known as the Susquehanna Steam Electric Station, a major employer and significant local taxpayer in Salem Twp.

- more at link -

Holy shit!