The Data Center Divide
A policy snapshot ahead of the 2026 midterms. Mapping data center incentives, restrictions, and bans through legislation, regulations, and executive actions across all 50 states and 1,462 local jurisdictions.
City of Cordova
Strongly Pro-Data Center Policies
Cordova approved a loan of up to $17 million to help finance one data center project; the description identifies no new restrictions on data center development or operation.
current law · City of CordovaApproves a five-year, up to $17 million term loan to Greensparc Alaska LLC to finance equipment for a 256-GPU edge data center in Cordova, Alaska, including high-powered computing servers, under AIDEA Resolution G25-03.AIDEA Resolution G25-03
What this means
The measure approves a loan of up to $17 million to help build a data center in Cordova, substantially easing financing for that project. The benefit is significant but project-specific, and the sources identify no new restrictions on data center development or operation.
People behind it
- Alaska Industrial Development and Export Authority
Proposed and approved the $17 million loan resolution and is responsible for administering the financing.
- Randy Ruaro
AIDEA Executive Director who recommended the financing and was authorized to negotiate, execute, and administer the loan documents.
- Bill Kendig
AIDEA Vice-Chair who made the motion to approve Resolution G25-03.
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- Albert Fogle
AIDEA Board member who seconded the motion to approve Resolution G25-03.
- Geoff Johns
AIDEA Chief Investment Officer who explained the Greensparc loan.
- Brandon Brefczynski
AIDEA Deputy Director introduced to answer additional questions about the financing.
Benefits & exceptionsHide benefits & exceptions4
AIDEA approved a loan of up to $17.0 million to finance the development and deployment of edge data-center infrastructure in Cordova, including the purchase and installation of high-powered computing servers.
The approved financing is structured as a five-year, fully amortizing loan at 10% interest, with the financed equipment and cabinet serving as collateral; execution is subject to conditions including signed agreements, insurance, and customer commitments.
The project is supported by access to an existing Cordova Electric Cooperative facility through a ground lease and approximately 3 MW of electricity from the cooperative's Humpback Creek hydroelectric facility, allowing the data center to operate using surplus or stranded hydropower.
The resolution authorizes AIDEA's Executive Director to negotiate, finalize, execute, and deliver the necessary agreements and other documents, and to approve appropriate additional terms, revisions, conditions, and financing needed to implement the loan.
Sources
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