AIB Data Centers secures 50 MW deal with Nebius AI cloud

AIB: AIB Data Centers Inc. is a pure-play developer and operator of AI-focused data center infrastructure, with an emphasis on repurposing powered sites for high-performance computing workloads. The company controls sites in the Southeast U.S., including its CLT-01 campus, and structures deals around long-term leases with AI cloud providers. In this news, AIB has entered a binding 12-year agreement to supply 50 MW of capacity at its Southeast site to Nebius AI cloud, positioning it as landlord with secured revenue and reduced dilution risk through structured financing. Nebius AI: Nebius Group (operating as Nebius AI cloud) builds and operates full-stack AI cloud infrastructure, delivering hyperscale GPU capacity to enterprise and hyperscaler customers across the US and Europe. It expands via a mix of owned facilities and strategic colocation partnerships to support training and inference workloads. The deal adds dedicated Southeast U.S. capacity under a multi-year term, enabling Nebius to grow its cloud footprint with prepayment-supported economics that align with its broader infrastructure scaling approach. Financing Approach: AIB structures its data center builds to combine customer prepayments, project debt, and preferred equity, limiting reliance on common equity raises for shareholders. Market Positioning: AIB targets AI neocloud and enterprise tenants with power-first sites, while Nebius focuses on full-stack AI cloud offerings including software, hardware optimization, and global capacity. Infrastructure Expansion: Nebius is actively adding partner-operated and colocation capacity to its AI cloud platform to meet rising enterprise demand for production AI workloads.