JERA, Dell Technologies and RHAELM signed a memorandum of understanding on October 1, 2026, to build an AI data center of up to 400 MW at JERA’s Chiba Thermal Power Station near Tokyo. According to JERA’s announcement, investment across all phases is expected to exceed US$15 billion (2.3 trillion yen), and operations are targeted to begin around 2028.

JERA, Japan’s largest power generator, says the Chiba site “would be the largest single-site AI infrastructure deployment in Japan” and among the largest in Asia. The MoU also sets out a standard framework the three companies intend to reuse at other JERA power stations.

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The Chiba project at a glance

Item As stated in the announcement
Site Chiba Thermal Power Station, Chiba, Japan
Power capacity Up to 400 MW
Investment Expected to exceed US$15 billion (2.3 trillion yen) across all phases
Operations Targeted to begin around 2028
Power Behind-the-meter supply from JERA’s gas-fired generation
Compute Dell AI Factory rack-scale infrastructure
Agreement Memorandum of understanding, signed October 1, 2026

Who does what

The release splits the work four ways:

  • JERA supplies large-scale, 24/7 power from an operating generation asset and access to land next to its thermal power stations.
  • Dell Technologies provides the Dell AI Factory, described as “standardized, rack-scale infrastructure designed for rapid deployment.”
  • RHAELM leads project delivery, combining JERA’s power and site with Dell’s compute.
  • Apollo Global Management is the strategic investment and financing partner for RHAELM.

Why the power arrangement matters

The plan places compute next to an existing power station and feeds it behind the meter, so the data center takes power from the plant on site rather than through the public grid. JERA presents this as the route to faster capacity deployment, with gas-fired generation backed by its own LNG value chain.

The companies describe Chiba as the first site of a model they intend to repeat at other JERA locations, supporting multi-gigawatt capacity in the 2030s. They also link the project to Japan’s “Watt-Bit Collaboration” policy.

An MoU is a statement of intent, not a final investment decision or construction start. The figures above are targets the companies published on October 1.

Announced AI data-center projects, with owners, capacity and status, are logged in the AI data centers tracker. Other new projects and power deals are in AI data center news.