StoryCommercial
HUMAIN contracts Al Moammar for data center design; $1.2B financing from National Infrastructure Fund
HUMAIN contracted Al Moammar Information Systems in December 2025 to design and build dedicated AI data centers. Saudi National Infrastructure Fund approved non-binding financing framework of $1.2B for AI and digital infrastructure, targeting 250 MW capacity in phase one.
- Al Moammar contract signed Dec 2025 for design and construction.
- National Infrastructure Fund financing: up to $1.2B for initial phases.
- Phase 1 targets 250 MW capacity for local, regional, and global customers.
- stc JV eventually supports 1 GW; begins with 250 MW based on demand.
- Initiative supports Saudi Vision 2030 as regional technology hub.