A data center in the works would create 200 permanent technology jobs
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A data center in the works would create 200 permanent technology jobs, according to a development company. The 550-acre campus of the Millstone Nuclear Power Station in Waterford is seen in this aerial file photo. A technology developer is looking to build a 1.2 million square foot data center on an unoccupied portion of the property. Morgan Kaolian AEROPIX/File Photo Efforts to improve Connecticut's position as a potential host for data centers appear to be stuck in neutral at the moment, despite an increased focus on artificial intelligence and how the two are intertwined. Depending upon the information source, Connecticut currently has between 16 and 19 data centers. In order to boost data center activity in the state, Connecticut officials enacted a law in 2021 to provide incentives for the developers of the facilities. But to date, only one company - Cigna - has taken advantage of the incentives, according to Jim Watson, a spokesman for the Department of Economic and Community Development. The incentive agreements are for either 20- or 30-year terms, depending on size and location of the data center. The incentives include sales and use tax exemptions for goods and services purchased by the data center, property tax exemptions and exemption from any future financial transactions taxes. To qualify for the 20-year term of incentives, data centers must make a qualified investment in the site of $50 million if the site is in an opportunity zone or $200 million if it is not. For a 30-year term, the investment must be $200 million in an opportunity zone and $400 million elsewhere.