Archived Content

The following content is from an older version of this website, and may not display correctly.

Nebraska governor Dave Heineman signed two bills into law Wednesday designed to benefit companies that decide to build large data centers in the state, according to the state legislature’s website.

Both bills were introduced in January and rushed through the legislative process to make Nebraska more attractive for Project Edge – a massive data center construction project by a company whose name has not been made public. The legislature unanimously approved both bills last week.

One of the bills (LB 1118) provides tax incentives for data center projects companies invest at least US$200m into. These are sales- and use-tax refunds, property tax exemptions and refunds on IT hardware and software purchases.

The second bill (LB 1043) enables publicly owned utilities to negotiate lower energy rates for data center customers using excess electricity they generate as leverage.

The company behind Project Edge is expected to invest up to $1.2bn into the data center project. The initial investment is projected to be $500m.

This is not the only big data center project Nebraska is being considered for. Another mysterious company is reportedly exploring sites in Nebraska to build a $200m Project Photon.

This project was apparently what spurred the legislature to change original language of the tax-incentive bill to lower the threshold for the size of the projects the tax breaks would apply to from $300 to $200m.