Eastern Iowa

Overview

Nistar is pursuing a Midwest campus purpose-built for energy-intensive AI and HPC workloads, with the core thesis centered on scalable behind-the-meter generation, strong regional grid positioning, and the ability to support very large contiguous compute deployments. The strategy is to deliver 45MW grid power with modular AI HPC containers initially, then scale to behind-the-meter generation as tenant commitments convert into definitive agreements. The site plan is structured to accommodate a phased rollout of capacity while maintaining a clear export option for reliability and hedging, and it is being developed with an emphasis on repeatable permitting, constructability, and modular expansion. With multiple major interstate pipelines on site, the project has exceptional fuel security and deliverability. Water, sewer, and fiber pathways are integral parts of the design basis, and the commercial strategy is aligned to tenant procurement processes that require verified power deliverability and schedule confidence before signing binding documents. The site benefits from ample land up to 2,000 acres, enabling co-location of solar and battery energy storage systems (BESS) alongside primary generation. The end state is a high-availability campus that can serve as a long-term platform asset rather than a one-off project.