ITC Properties signs memorandum of cooperation to develop a 1 GW data center at Yangkou Port, China
Type: Development · Technology: Data Center · Country: China · Capacity: 1 GW · Announced: 2026-07-23
ITC Properties signed a memorandum of cooperation with Jiangsu Rudong Yangkou Port Economic Development Zone Management Committee to develop a 1 GW data center at Yangkou Port, north of Shanghai. The project will be built in phases over five years, with an initial 200 MW capacity in the first phase. The site is located about 145 km (91 mi) north of Shanghai in Jiangsu province, China. The partnership also includes a study on renewable energy facilities to power the campus, aligning with China's push for greener data center operations. Although the memorandum is non‑binding, it signals ITC Properties' entry into the data center market, expanding its portfolio beyond residential and commercial real estate. No financial terms were disclosed, and no advisors were named in the announcement.
Counterparties
- Jiangsu Rudong Yangkou Port Economic Development Zone Management Committee (Partner)
- ITC Properties (Developer)
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