M.D. Squared Power LLC

City leaders evaluating proposed data center in Pikeville, Kentucky

Pikeville, Kentucky, city leaders are evaluating a proposal from M.D. Squared Power LLC to build a $250 million data center at the Kentucky Enterprise Industrial Park, which is expected to create 40 jobs. The city and developer have a 120-day memorandum of understanding for negotiations, with city leaders stressing that no project has been approved yet. Concerns about the environment and power rates are being addressed, with officials stating that residential ratepayers will not bear the cost of infrastructure.