Plans Emerge For 640-acre Data Center in Iron County, Utah
April 06, 2026
Utah
BluSky AI Inc., a nascent AI cloud firm, plans to establish a data center in Nephi, Utah. The OTC-listed company has signed a non-binding Letter of Intent (LOI) to lease approximately 16,000 square feet (1,485 sqm) of land in Juab County from TNT Land and Holdings LLC.
BluSky AI intends to launch a new GPU cloud utilizing its SkyMod data center modules. The initial base lease rate is $4,000 per month, escalating to $28,000 per month once the planned capacity is fully activated. The NNN lease has a ten-year term with two five-year extension options and a two percent annual escalation.
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