DataVolt/ NEOM - NEOM City: Oxagon: AI Data Center Campus

General Information
Owner DataVolt
Masterplan Project (Parent Profile) Neom – NEOM City: Oxagon – Tabuk
Location Tabuk, Tabuk Province, Saudi Arabia
Status --
Sector Construction, Telecom, Data Centre
Contract Type Build
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 0
Estimated Budget Value ---
Contract Value 0
Net Value $9200m
Award Date May 2026
Completion Date August 2029
Last Updated On September 2026
ProjectId (Old, New) 478017, 478017


Neom and DataVolt are planning to undertake the construction of a 1.5GW Green AI factory in Saudi Arabia.

Aligning with Oxagon’s ambition, the factory will integrate a wide range of computing densities and energy-efficient architectures to address the global challenges posed by traditional data centres.

The US$15000 million project includes the following:

Key Technical Features:

1. IT Load Capacity:

The facility is planned with an IT load capacity of about 1.5 GW

2. Power Infrastructure:

Primary source is the dedicated NEOM renewable energy grid

3. Backup and Resilience:

The facility will include Large-scale battery storage systems and gas turbines capable of green hydrogen operation (up to ~48 hours autonomous operation).

4. Data Centre Type:

The project is planned as an AI-optimised, hyperscale data centre campus

5. Cooling Systems:

Cooling will rely on Advanced liquid cooling

6. Power Density:

The infrastructure has a density of 50 kW per rack

7. Rack Configuration:

The facility will support a custom AI-optimised rack

Second Section

02 September 2026

The groundbreaking has commenced and we are in the process of identifying the main contractor on the project.

28 August 2026

Market sources indicates that the main contract bids are currently under evaluation and it is expected to be awarded in Q3 2026.

12 January 2026

The main contract bids are currently under evaluation and is expected to be awarded in a month. Sterling & Wilson, Larsen & Toubro amongst others submitted the bids on the project.

11 September 2025

The client has signed a memorandum of understanding (MoU) with LG Electronics to provide cooling solutions for the project. (Source: MEED)

13 February 2025

NEOM and Datavolt have signed an agreement for the development of the project. (Source: MEED)