South Bend Site Eyes 70-Megawatt Data Center Power
NextNRG's proposed on-site energy plan would pair generation and storage with planned data center capacity, pending final approvals.
Updated on Nov. 5, 2026 in Data Centers
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NextNRG executed a non-binding term sheet to acquire a 33-acre property in South Bend, Indiana, for $22 million, and a binding 10-year lease with a pharmaceutical company for the property's existing building of about 50,000 square feet. The deal is announced, not completed: it is subject to definitive documents, approvals, seller lender approval, and a Nasdaq listing condition.
Why it matters
The plan pairs on-site power generation with planned data center infrastructure, which NextNRG says could offer a pathway to power availability for prospective customers while longer-term grid interconnection is pursued. The approach reflects a broader push to secure energy supply directly at data center sites rather than waiting on utility grid connections.
The announced figures are a $22 million price, a 70 megawatt potential capacity and a 50,000 square foot existing building, but the source gives no measured performance or efficiency benchmarks. The projected capacity is a development target rather than an operating result.
The players
NextNRG
A Miami-based energy company developing on-site power generation, battery storage and microgrid systems for data center projects.
The details
NextNRG would take ownership of the 33-acre site and develop it as the Lone Wolf Energy Center, focusing on energy infrastructure such as power generation, battery storage, microgrid systems and energy management. Under a net lease, the pharmaceutical tenant would pay its proportionate share of property taxes, building insurance and common operating costs. A separate partner would handle AI computing infrastructure, while NextNRG works on the power side of the project.
Timeline
November 5, 2026: NextNRG announced the non-binding term sheet and the binding lease.
The Tech Race
The South Bend plan places NextNRG's energy-first model alongside data center developers seeking power independence from grid queues. The source does not name a competing project or a specific industry roadmap for comparison.
The acquisition has not closed, so no capacity is available now; the lease takes effect only if NextNRG completes the property purchase. Timing for power delivery and any customer availability has not been announced.
The takeaway
Watch for the definitive purchase agreement and the Nasdaq listing decision, which together determine whether the South Bend deal proceeds. Also watch for the naming of the AI computing partner, since that will show whether the 70 to 100 megawatt plan moves toward construction.
Further reading
For more on how power supply shapes the build-out of Data Centers, see how on-site generation is changing site selection in South Bend.
Source note: This article includes information reported by The Manila times.
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