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EverWind has pivoted from a failed green ammonia project to a $10 billion AI data center in Nova Scotia.

A $10 billion Nova Scotia campus adds a large new siting option in Canada, though the developer's origin in a failed energy project raises execution risk.
Trade pressSlicast · October 29, 2026 at 17:54 UTC · US · Source: PravdaReport
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EverWind Fuels, a New York-based energy developer, has shifted its primary industrial focus in Atlantic Canada from green hydrogen and ammonia production to a $10 billion hyperscale data center campus in Point Tupper, Nova Scotia. The company continues to operate a fossil fuel shipping and storage terminal and maintains claims to vast tracts of provincial Crown land intended for wind energy generation.

**The Energy Infrastructure Chain**

The proposed data center is intended to be leased for 20 years to the AI firm Anthropic. To power the facility, EverWind plans to develop a network of wind projects across Nova Scotia. Three proposed projects in the Municipality of the District of Guysborough-Setapuktuk (432 MW), Ocean Lake (1,264 MW), and Harbour Hills (856 MW) would collectively produce approximately 2.3 gigawatts of electricity.

Unlike standard wind farms, these projects are not designed to feed the provincial grid. Instead, a dedicated transmission line would cross the Canso Strait to deliver power directly to EverWind's industrial site at Point Tupper. However, the company has stated that the data center will initially draw power from the grid and rely on on-site diesel generation, as the wind infrastructure is not yet operational.

**Land Tenure and Financial Obligations**

A critical component of the project's viability is access to 66,000 hectares of Crown land in Guysborough County, representing nearly one-third of the municipality's total area. This access was established through a 2022 Memorandum of Understanding (MOU) with the Nova Scotia government, which provided an expedited process for obtaining leases.

The financial arrangement in Nova Scotia differs from that of neighboring jurisdictions. While Newfoundland and Labrador sought reservation fees for land holds, leading to a dispute in which EverWind contested claimed debts, Nova Scotia's structure attaches fees to actual development on the land. Consequently, as of late 2026, EverWind has not signed formal leases or made payments for the Crown land it has "secured," effectively holding a vast territorial reserve without immediate capital outlay.

**From Green Ammonia to AI Compute**

The pivot to data centers follows a period of stagnation in EverWind's "green fuels" strategy. Between 2022 and 2026, the company secured US$147.5 million in subsidies from Export Development Canada and Transport Canada to produce green ammonia for export to Germany. The projected output was 200,000 tonnes per year by 2025, rising to 800,000 tonnes by 2026.

This industrial chain broke at its final link: the off-take agreements. While EverWind attributes the delays to European regulatory timelines, the German energy provider E.ON has explicitly stated that it has deprioritized international hydrogen imports and will not continue its collaboration with the company. To date, no wind turbines have been erected and no hydrogen plants have been constructed in Point Tupper.

**Current Operational Status**

Despite the multi-billion dollar projections for AI and hydrogen, EverWind's current material economic activity remains centered on its acquisition of the NuStar fossil fuel terminal. The company continues to ship and store conventional petroleum products while seeking $8 billion in private investment for the data center and $2 billion for the initial phase of wind projects.

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EverWind has pivoted from a failed green… · Slicast