Damac secures $12 billion in land and power for its data center expansion in the United States
Damac Properties has secured land and power capacity in the United States equivalent to $12 billion of a planned $20 billion investment program focused on AI data center infrastructure. The update reflects progress on the group’s push into digital infrastructure through its data center arm, Edgnex (now under the Damac Digital brand in some markets).
The identified projects currently represent about 1 gigawatt (GW) of capacity. In data center development, “gigawatt” is used as a power-based capacity metric because securing a reliable electricity supply is one of the main constraints for large-scale AI and cloud facilities. Power availability also determines how quickly a site can be built, connected, and expanded.
The current $12 billion figure is positioned as a midpoint update toward the $20 billion target. The latest timeline guidance indicates the full program could take 2 to 4 years to reach the originally announced level, depending on site development and rollout pace.
Geographically, land has already been secured in Ohio and New Jersey, with additional locations under evaluation in Texas. The site selection criteria emphasize strong underlying infrastructure and demand, reflecting the broader shift in data center economics toward power, interconnection capacity, and permitting timelines rather than land price alone.
The United States plan is an update on the $20 billion commitment unveiled in early 2025, framed as a multi-year buildout of large-scale data centers. A January 2025 Edgnex announcement outlined a projected 2,000-megawatt (MW) capacity ambition in the United States over the following four years, with a focus on “state-of-the-art” facilities designed for large compute workloads.
The same update describes the United States as the largest global data center market, driven by accelerating demand for AI training, AI inference, and cloud computing workloads. Within this market, large sites increasingly depend on power-secured land positions and staged buildouts that can scale capacity as grid connections, generation, and equipment supply align.
Damac’s expansion into data centers also sits alongside buildouts in other regions. Edgnex has disclosed a separate $3 billion commitment for data centers in Southeast Asia, including projects tied to its expansion footprint and new facilities. One example includes an AI-focused data center investment in Jakarta announced in 2025, positioned as part of the wider Southeast Asia strategy.
