Jet.AI, a U.S.-based AI data center developer, has entered into a joint venture agreement with infrastructure construction firm Choo Choo Express (CCE) to develop a data center campus in Moapa, Clark County, Nevada. The project is sited on approximately 20 acres of land provided by CCE, contingent upon the execution of definitive agreements and the completion of customary due diligence.
The campus is positioned for high utility availability, situated adjacent to a remediated coal-fired power plant. This location provides immediate access to critical infrastructure, including electric transmission lines, natural gas, fiber optic connectivity, water resources, and established transportation corridors. While the neighboring site currently operates a 200MW battery energy storage facility, its specific role in powering the data center has not yet been confirmed.
Financially, the development is projected to cost approximately $500 million. This total will be comprised of $400 million in project debt and $100 million in equity. As part of the joint venture terms, Jet.AI intends to commit $10 million in capital over the initial two-year development period.