Published in Penzance

Penzance is Targeting the Development of a 600MW Data Center Campus in West Virginia

Mar 03, 2026 | Posted by Abdul-Rahman Oladimeji

Real estate firm Penzance is developing a large data center campus in West Virginia. Governor of West Virginia Patrick Morrisey last week announced Penzance Management would be investing $4 billion in a data center campus in the state.

Situated on 548 acres in Berkeley County’s Falling Waters District, Penzance’s proposed Bedington Campus will span roughly 1.9 million square feet (176,515 sqm) and deliver up to 600MW of critical IT capacity at full build-out. A development timeline has not been disclosed.

"This $4 billion investment is a historic win that proves West Virginia can compete at the highest level for the global tech economy,” said Governor Morrisey. “By earning the state’s first High Impact Intelligence Center designation, Penzance is helping us transform the Mountain State into a powerhouse for artificial intelligence and cloud computing. This project brings a massive new revenue stream to our communities - all driven by private capital and our commitment to a business-friendly, reliable energy strategy."

"West Virginia has created a truly business-friendly environment for companies investing in digital infrastructure," added Penzance managing partner and founder, Victor Tolkan. “We look forward to a successful partnership with Berkeley County, the West Virginia Department of Commerce, and the State of West Virginia."

Tolkan said that Governor Morrisey had “championed” policies that position West Virginia as a “leader” in the data economy. He said: “Initiatives like HB 2014 and the High Impact Intelligence Center program demonstrate a clear commitment to attracting and supporting world-class intelligence center development.”

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