BluSky AI Inc. announced the execution of a non-binding Letter of Intent to lease land at the White Cloud facility in Wells, Nevada.
The proposed lease is aimed at supporting BluSky's expansion of modular data service units across the Western U.S.
Key terms of the LOI include property use, power allocation, and lease term.
Property Use
BluSky AI will install modular data service units with minimal site improvements.
Power Allocation
Access to no less than 2,700 KVA of existing electrical transformer capacity.
Lease Term
Initial 10-year term with two optional 5-year extensions.
- The LOI marks a milestone in BluSky's mission to democratize access to AI compute.
- The strategic site in Wells, Nevada offers power density, geographic resilience, and community partnership for scalable infrastructure.
The non-binding LOI sets the stage for further negotiations towards a formal lease agreement, reflecting BluSky AI's commitment to expanding their infrastructure responsibly and efficiently.