Claremore Data Center Deal Finalized | Tulsa News

Claremore’s big data center project is officially moving forward, locking in property deals and public revenue agreements that promise over $400 million in electric and sales tax income over 30 years. The deal includes an $180M PILOT payment — $172M via a Tax Increment District — funding schools and infrastructure during a 5-7 year build phase. Beale Infrastructure also commits $5M to a Community Betterment Fund for parks and quality-of-life upgrades, with half delivered by end of 2026. Plus, $3M for wastewater and water line extensions. Financial safeguards include a $21M letter of credit and guaranteed electric service. Next up: permitting and regulatory reviews — construction will follow as approvals come through. And yes, the end user is a traditional publicly traded company, not crypto-related. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6e6556dbed5bf9e8