Raeden proposes 100MW data center in Gibraltar, Michigan
Type: Development · Technology: Data Center · Country: United States · Capacity: 100 MW · Announced: 2026-03-10
Raeden proposes a $750 million, 100MW hyperscale data center in Gibraltar, Michigan, addressing critical compute capacity needs. The facility will leverage Michigan's competitive energy costs and.
Analysis
Raeden's proposed 100MW hyperscale data center in Gibraltar, Michigan, represents a notable geographic diversification for the London-based specialist infrastructure investment firm, extending its focus beyond Europe. This $750 million estimated project investment targets critical compute capacity needs within the United States, leveraging Michigan's competitive energy costs. The development stage project, announced on 2026-03-10, positions Raeden to capitalize on robust demand for digital infrastructure in North America. This move into Gibraltar, Michigan, offers Raeden a strategic entry point into the US market, potentially establishing a new regional hub for its digital assets portfolio. Founded in 2023, Raeden typically concentrates on digital infrastructure and energy transition assets across Europe, making this Gibraltar, Michigan development a significant cross-continental venture. The firm's founders bring over 60 years of combined experience, which Raeden now deploys in the US market. Detroit-based DTE Energy, a diversified utility serving millions of customers across Michigan, stands as the probable energy supplier for the 100MW facility. DTE's established electric and natural gas utility operations in Michigan provide a stable, cost-effective power source, benefiting the proposed data center development. This project underscores the ongoing expansion of hyperscale data centers into US regions offering favorable utility economics.
Key points
- Raeden, a London-based firm founded in 2023, proposes a 100MW data center.
- The project is located in Gibraltar, Michigan, outside Raeden's stated European focus.
- The estimated project investment for the facility is $750 million.
- DTE Energy, serving millions of customers in Michigan, is the likely energy supplier.
- Raeden's founders bring over 60 years of combined experience.