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Proposed

Terra Energy Center campus at Port MacKenzie (seeking data center tenants)

Also called: Terra Energy Center Campus, Terra Energy Center Corp.

Terra Energy wants to build a coal power plant in the Mat-Su and is looking for a big power customer, such as a data center, for an industrial campus at Port MacKenzie. The borough agreed to help market its land but did not promise to sell or lease it or allow a data center. No data center company has been named.

โœ” ConfirmedSourceLast checked: Oct 8, 2026

Where things stand: Mat-Su Assembly approved a 2-year marketing partnership in March 2026 (over the mayor's veto). No data center company is signed.

๐Ÿ•’ Latest update (May 2026): Terra Energy signed a 20-year lease for 829 acres of University of Alaska land at Port MacKenzie. Building would start in 2029.

What we know

  • ๐Ÿ“ WherePort MacKenzie uplands near Lake Lorraine, Point MacKenzie: about 1,000 acres of borough land under a short-term permit, plus 829 acres leased from the University of Alaska, Matanuska-Susitna Borough, Matanuska-Susitna Borough
  • ๐Ÿข CompanyTerra Energy Center Corp.
  • ๐Ÿ›๏ธ Owned byFlatlands Energy (part of Alaska Asia Clean Energy Corp.)
  • ๐Ÿ”Œ Where the power comes fromA planned coal power plant near Skwentna (up to 1.25 gigawatts), which needs a big power customer such as a data center.

โ“ Still unanswered

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What happened so far

  • March 2, 2026
    Mat-Su Assembly voted 5-2 for a two-year partnership with Terra Energy to find data center or other big power users for borough land.
  • March 17, 2026
    The Assembly overrode Mayor Edna DeVries' veto, 6-1.
  • May 2026
    Terra Energy signed a 20-year lease for 829 acres of University of Alaska land at Port MacKenzie. Building would start in 2029.

Local votes and rules

๐Ÿค Agreement with the company

The Assembly voted 6-1 to override the mayor's veto and start a two-year partnership with Terra Energy Center Corp. Borough staff will help Terra find companies to build a data center or other big power user on borough land near Port MacKenzie, Big Lake or the planned West Susitna road. It does not require the borough to sell or lease land. The Assembly first passed it 5-2 on March 2.

March 17, 2026
๐Ÿ›ฐ๏ธ See it from above

An aerial photo of the area.

Photos: USGS The National Map.

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Where this comes from

  1. Assembly overrides veto, advances data center-related partnership ยท Mat-Su Sentinel ยท March 18, 2026
  2. Mat-Su Borough partners with coal plant developer seeking data center options ยท Alaska Business Magazine ยท April 15, 2026
  3. Large industrial, energy projects planned for leased UA land at Port MacKenzie ยท Anchorage Daily News / Mat-Su Sentinel ยท Oct 6, 2026
  4. Lake Lorraine place lookup ยท OpenStreetMap Nominatim ยท Oct 8, 2026

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