Projects › Illinois

Riverbend Technology Center (former Alton Steel mill, 381 acres)

proposed Alton, Madison County, Illinois

DeveloperTerraWatt
UtilityAmeren Illinois
Capacity1000 MW
Investmentunknown

Latest

2026-10-22

TerraWatt disclosed a contingent deal to buy the closed steel mill for a grid-connected campus of up to 1 GW, built in 200 MW blocks; the sale closes only after the city approves the use and rezoning and Ameren Illinois studies the site

Notes: Lead via The Data Center Debate. TerraWatt says it would ask for no local tax incentives, pay for cleanup and grid upgrades, and could use closed-loop cooling. It has not signed a tenant. The mill at 5 Cut Street closed in January 2026. TerraWatt is suing St. Louis over conditions placed on its Amory warehouse data center there.

Sources: DCD

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This is one of the biggest projects we track: about 1,000 MW of power.

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