Dell signs MoU with JERA and RHAELM for $15B+ AI data center in Chiba, Japan; 400MW facility targeted for 2029 operation
What happened
Dell Technologies has entered into a memorandum of understanding with JERA (Japan's largest power generation company) and RHAELM (a UK-based AI infrastructure specialist) to develop standardized AI infrastructure across Japan. The first project is a 400-megawatt hyperscale data center in Chiba with a projected total investment exceeding $15 billion. JERA will contribute land adjacent to its Chiba Thermal Power Station and supply power directly to the facility, RHAELM will lead development, operations management, and financing, and Apollo Global Management has committed to providing financial partnership support to RHAELM. Dell's role is delivering standardized, rack-scale AI infrastructure for the installation. The facility targets full operational status by 2029, with initial phases beginning in 2028. (Blockonomi)
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Start your free 14-day trialWho’s affected
- Dell Technologies (DELL) — direct beneficiary if the MoU converts to equipment orders; validates its rack-scale standardized AI infrastructure strategy and Japan expansion. JERA (unlisted JV of TEPCO/Chubu Electric) and Apollo Global (APO) — financing/development partners. Broad AI-infrastructure complex (Nvidia NVDA, memory names) — confirms power-plus-financing models unlocking large non-US data-center projects.
Sources