Northampton Capital Partners and Provident Data Centers have entered into a joint venture to develop a project with 54MW of critical capacity in the North Dallas Corridor, US.
The next-generation data centre is scheduled for delivery in late 2027 and will address the capacity shortfall in the Dallas-Fort Worth region.
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The development will take place on a 74MW site and aims to offer low latency connectivity to essential interconnects within the Dallas hub.
It marks the initial step in a broader agreement between Northampton and Provident to pursue further data centre developments in primary markets across the US.
Future sites under this framework will be focused on supporting inference-ready workloads, which are increasingly required as demand for AI and high-performance computing rises.
Northampton Capital Partners founding partner Scott McBride said: “We are excited to partner with the Provident Data Centers team in one of the most attractive data centre markets in the world.
“Provident has demonstrated a track record of sourcing, developing and delivering data centre sites, and we look forward to building on this partnership as we pursue inference-ready opportunities to absorb the growing market demand.”
Northampton founder and CEO Geoffrey Strong said: “Our joint venture with Provident Data Centers is a great example of our approach to providing strategic capital in support of critical infrastructure assets in the US. We look forward to partnering with the Provident team as they advance this exciting project in Texas.”
Legal counsel for Northampton was provided by Simpson Thacher & Bartlett. Provident Data Centers was advised by Haynes and Boone and Citizens Capital Markets.
