EverWind says $10B AI data centre proposal largest private investment in N.S. history

“Speed matters, and capable partners matter and this is something that we can do,” Vichie told a news conference in Point Tupper. “We can set an example for the rest of the country on how we can bring this industry to Canada and to protect Canadian sovereignty.”

The plan includes $8 billion to build a data centre campus and $2 billion to advance onshore wind energy projects. The company said the project will create 2,000 construction jobs and 215 permanent positions.

Permanent data centre jobs will pay between $135,000 and $185,000 per year, and the project will create millions of dollars in spinoff benefits, the company said.

Vichie, who is based in New York, launched EverWind about four years ago to build wind and green hydrogen projects in Atlantic Canada. He was previously a senior managing director and co-founder at New York alternative investment firm Stonepeak Infrastructure Partners. Prior to that, he was a senior managing director at alternative investor The Blackstone Group and a managing director at Australia’s Macquarie Bank.

Vichie said EverWind is still pursuing its hydrogen development at Point Tupper. He said the hydrogen and data centre projects will compliment each other as both are expected to be powered by Nova Scotia’s abundant renewable wind resources.

“You often hear that Canada is a resource economy, (but) it’s also an intellectual economy,” Vichie said.

“And we need this type of investment to support that part of the equation. They both play off each other very well, resources and knowledge. And Canadians have that in spades.”

EverWind plans to spend its own capital on the data centre, and with a long-term lease in place, will now pursue financing from banks and pension plans.

Premier Tim Houston said the data centre project was a major vote of confidence in the rural area about 200 kilometres east of Halifax. He said Canada does not have enough secure data infrastructure to meet the requirements of its businesses, governments and health-care institutions.

“This represents the connection between the high-technology possibilities and potential of our province, and the energy generation potential that we have,” said Houston, who is also promoting an ambitious $60-billion offshore wind project called Wind West.  

Data centres are typically massive operations that require immense amounts of electricity to run and cool off computer servers.

Water from nearby Landrie Lake will be used to cool the Point Tupper data centre’s servers, and the company stressed it will safeguard the water supply.

EverWind said the cooling system will be closed-loop, similar to a car’s radiator, with cooling fluid recycled or disposed of off site, not in local waterways. The system will use an average of 100,000 litres of water per day in the first phase, which EverWind said is about the same as a large shopping mall.

That will expand to an average draw of 500,000 litre per day when the expansion is complete, about one per cent of the lake’s safe daily yield of 34 million litres.

The firm already has environmental approvals for four wind farms in mainland Nova Scotia with capacity to produce 650 megawatts of power. A consortium of First Nations, led by the Membertou First Nation in Cape Breton, own 51 per cent of those projects.

The company has begun preliminary construction work at some sites. And three more wind farms are in the planning stages.

The company said negotiations are underway with the Membertou Development Corporation to take a nine per cent equity stake in the data centre project. As well, the company says it’s planning extensive public consultations.

EverWind said its wind farms won’t be ready by the time the data centre is expected to open in late 2027, but company officials said the province’s independent grid operator has produced a study saying existing energy infrastructure can support the operation.

The company plans to build about 200 megawatt-hours of battery storage at the site.

On another front, EverWind confirmed it will pay the full cost of all energy connections, network upgrades and other costs associated with the data centre project so they are not passed on to existing Nova Scotia ratepayers.

EverWind has signed on to the federal government’s responsible data centre principles and says it has agreed to meet provincial conditions as well.

Houston suggested Friday that his government doesn’t plan to legislate new data centre rules, instead pointing to existing environmental and industrial approval processes.

NDP Opposition Leader Claudia Chender issued a statement Friday calling on Houston to protect the public from power rate shocks from data centres.

“The Houston government is supporting this project without any discussion, consultation, legislation or regulations,” Chender said. “The premier is saying people should just trust his word that Nova Scotians will be protected.”

Earlier this year, Houston said it was premature to discuss potential data centres until major projects such as Wind West were completed. He softened that stance last month saying data centres could help create demand and investment cases for energy projects.

The project is the latest in a string of data centre projects popping up across the country.   

In March, BCE Inc. announced plans for a 300-megawatt site just outside Regina, which the copany increased to 1.2 gigawatts last month. In May, Telus and the federal government announced three data centres in B.C., while Meta, the parent company of Facebook, announced in July a $13-billion, one-gigawatt AI data centre north of Edmonton.

Meanwhile, opposition to data centres has been rising in communities across Canada.

In late June, protesters rallied in Vancouver to protest the opening of AI data centres.

Earlier that month, Manitoba Premier Wab Kinew said no to a massive data centre southeast of Winnipeg, citing the sheer size of the project and its potential threat to the environment.

In August, the Alberta Utilities Commission has denied an application to build a 1.4-gigawatt natural gas plant that would have powered a massive data centre complex in the small town of Olds, Alta.

The Ontario communities of Oakville and Mississauga, Ont. recently passed one-year moritoriums on data centre development.

This report by The Canadian Press was first published Oct. 16, 2026. 

— By Devin Stevens in Halifax.

The Canadian Press

by The Canadian Press

EverWind says $10B AI data centre proposal largest private investment in N.S. history

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