Mega-Project
$5.7B
Investment
3
Sponsors
Sponsors & Partners
Next Frontier
Fluidstack
Coatue
Project Timeline
Announced
2026-05-05
Construction Start
2026-04-23
Expected Completion
2027-07
Current canonical record
This record tracks Next Frontier / Fluidstack New Lebanon Data Center in Indiana.
Coatue-backed Next Frontier issued about $5.7B of bonds for a 430 MW Indiana data center planned for lease to Fluidstack.
Record provenance
This page is generated from the reviewed project database snapshot. The record was last reviewed on 2026-07-19. Blank fields mean the value was not publicly disclosed or could not be reconciled safely; they do not mean zero.