Joint Venture22 Jun 2026

Hiranandani-Backed Nidar Infrastructure Signs Binding MOU and Offtake Agreement with Tachyon9 / Nixxy to Anchor Nakota AI Data Campus in North Dakota

Nidar Infrastructure Commits to North Dakota AI Infrastructure Partnership

Nidar Infrastructure Limited, the parent company of Yotta Data Services, has entered into a binding Memorandum of Understanding with Tachyon9 Corporation and executed an offtake agreement with Nixxy Inc. (NASDAQ: NIXX) to anchor the planned Nakota AI Data Campus in Williams County, North Dakota. The strategic partnership was signed on June 15 (MOU) and June 22 (offtake agreement), 2026.

Commitment and Revenue Scale

The 15-year commitment is expected to contribute approximately $2.34 billion in revenue associated with the initial 100 MW deployment, representing the first phase of the planned Nakota AI Data Campus, which is designed to support up to 1 GW of total capacity upon full development. The agreement provides for approximately $156 million in annual recurring revenue from the initial 100 MW phase.

Nidar and Yotta received a right of first offer on the remaining campus capacity, with a development pathway toward up to 1 GW of total capacity and a stated revenue potential of up to $1.5 billion annually at full buildout.

Behind-the-Meter Power and the North Dakota Advantage

The Nakota Data Campus is designed to deliver up to 1 GW of independent, behind-the-meter power, addressing the single largest constraint facing AI infrastructure development today. The campus has been strategically designed to address this challenge through dedicated, behind-the-meter power generation fueled by the abundant natural gas resources of the Williston Basin. Unlike many data center projects that rely on constrained utility grids and multi-year interconnection queues, Nakota is designed to generate its own power on-site, providing a scalable and independent energy platform capable of supporting large-scale AI workloads.

North Dakota is home to some of North America's most significant natural gas reserves, providing access to abundant, reliable, and cost-effective fuel supplies.

Project Scope and Design

The Nakota AI Data Campus is planned as a next-generation AI and high-performance computing campus encompassing approximately 620 acres in Williams County, North Dakota, with a targeted buildout of up to 1 GW of capacity. Planned features include integrated carbon capture and sequestration systems, liquid-cooled data center infrastructure, and support for Nvidia GPU architectures.

The first 120–150 megawatts of computing capacity are targeted to become operational in the second quarter of 2027, subject to financing, regulatory approvals and completion of the proposed transaction.

Yotta Data Services and the Hiranandani Group Footprint

Yotta Data Services, India's largest operator of Nvidia GPU compute infrastructure, is pursuing a pre-IPO financing and targeting a public listing at a valuation of approximately $4–6 billion, with plans to raise $600–900 million in growth capital. Nidar Infrastructure Limited is backed by the Hiranandani Group, an India-based real estate and infrastructure conglomerate. Its subsidiary Yotta Data Services operates three data center campuses in India and announced a $2 billion-plus investment in February 2026 to deploy Nvidia Blackwell Ultra GPUs at its Greater Noida facility.

Darshan Hiranandani, Chairman of Nidar Infrastructure Limited and Co-Founder of Yotta Data Services, stated that Yotta has built the infrastructure, partnerships, and operational expertise to make sovereign AI compute a reality first in India and now on a global stage. The partnership with NVIDIA extends beyond a vendor relationship to a co-development of the AI infrastructure stack, from Blackwell Ultra silicon to DGX Cloud orchestration to the Shakti Cloud platform. The Nakota Data Campus brings this proven model to the United States at a time when America's AI industry needs it most.

Strategic Positioning

The combination of Nakota's large-scale power infrastructure, Tachyon9's development platform, Nixxy's public market presence, and Yotta's hyperscale AI capabilities creates a unique opportunity to build a next-generation AI infrastructure company positioned to serve the rapidly expanding global demand for artificial intelligence computing.

The offtake agreement represents a significant milestone toward the development of what is expected to become one of North America's largest purpose-built AI infrastructure campuses.

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