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Clarksville: Serverfarm ARK

A $6.6 billion compute campus with four buildings and about 660 MW of on-site gas generation. Clarksville bought real benefits and protections. It did not buy the power.

432MW IT capacity (4 × 108)
~660MW on-site generation reported
$6.6Bstated investment
2028first two buildings targeted (Jan)

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Fact sheet

The record at a glance

Updated Nov 9, 2026 (CT) · public sources
Owner / operator
ServerfarmFounded by Red Sea Group; Manulife Investment Management acquired a controlling interest in 2023.
Developer
ServerfarmLocal implementation names include Solaris, Nabholz, Yates, and Eutaw.
Funder
Serverfarm / Manulife (parent)Project financing uses an Act 9 bond structure; the city is not liable for repayment. Project-level lenders: Not yet public
Tenant / end user
Hatchbo LLC, parent not publicDescribed in public reporting as the tenant of the first two buildings. Solaris's SEC filing calls Hatchbo "an affiliate of an investment-grade global technology company." The parent company is not public.
Power supplier
Solaris on-site gas generationAbout 40 turbines at 16.5 MW each, behind the meter; developer side, not city-owned. Clarksville Connected Utilities supplies 18 MW for construction only. Later renewable supply planned.
Capacity
432 MW ITFour 108 MW buildings (ARK1–ARK4). Aterio: 4 facilities, 432 MW.
Status
Under constructionFirst two buildings targeted for January 2028. Turbine permit reported approved Oct 8, 2026.
Location
Clarksville, Johnson CountySolaris lease: 43 city acres at 6 Graves Lane (staging / laydown use).
Date updated
November 9, 2026Research cutoff, Central Time (CT).
Deal terms, as reported

What the community agreed to

65%property-tax abatement, up to 30 years
$548MPILOT projected through 2060 (developer projection)
$1M × 3grants to the city, the county, and Johnson Regional Medical Center, plus ongoing building payments
$1,000/moSolaris lease of 43 city acres, five years
$3Mupfront city/county agreement fees (developer)
$0.84M–$2.1Mpermit fees; local reporting and Serverfarm's site differ
$0city liability for bond repayment under the Act 9 structure
3planned education partners: local schools, Arkansas Tech, University of the Ozarks

These are reported terms or projections, not audited receipts. Where sources disagree, both figures are shown.

Who holds what

Where the power sits in this deal

Developer side

Serverfarm / Solaris

Owns and runs the ~660 MW on-site generation and the campus. Keeps the economics of the power.

Public side

City of Clarksville & Johnson County

Holds title for bond financing (not the same as owning the power). Receives PILOT, grants, fees, and lease rent.

Local utility

Clarksville Connected Utilities

18 MW for construction only. The turbines stay off the local lines, which protects residents from the immediate load.

What we know

  • Four buildings, ARK1–ARK4, at 108 MW each: 432 MW IT.
  • About 40 Solaris gas turbines, about 660 MW, on the developer's side of the meter.
  • The city is not liable for bond repayment.
  • 65% abatement for up to 30 years; $548M PILOT projected through 2060.
  • $1M each to the city, the county, and Johnson Regional Medical Center.
  • 43 city acres leased to Solaris at $1,000 a month for five years, for staging and laydown.
  • Hatchbo LLC is described as the tenant of the first two buildings.
  • Serverfarm publishes planned workforce partnerships with local schools, Arkansas Tech, and University of the Ozarks.

What we don't know yet

  • Which company is Hatchbo LLC's parent.
  • Who will use buildings 3 and 4.
  • Full turbine ownership and operating contracts.
  • Whether the full agreements include job guarantees, clawbacks, or decommissioning terms (none found in the material reviewed).
  • Which permit-fee figure is final ($840,000 or $2.1 million).
  • The timing and source of the later renewable supply.
  • Whether the lease land holds any part of the generation. The lease is not proof that it does.
Our take

Real benefits. The power stayed private.

Clarksville got real benefits and a real protection: the city is off the hook for the bonds, a hospital gets money, and residents are shielded from the immediate load. That is not a scandal. It is a deal worth reading.

Set beside those benefits are a long abatement, fixed land rent, and private ownership of a productive power asset. The piece we would keep public or shared is the generation, with a written share of the benefit going to care for vulnerable people, including Conway HDC.

That is a proposed alternative, not a term in Clarksville's deal and not a guarantee. What Clarksville can still do: ask for the full agreements; ask how rate protection, water, jobs, and decommissioning are reported; and explore fair terms at any genuinely open renewal.

This is civic analysis from public sources, not an allegation of wrongdoing by any named person or company. Secrecy is the civic problem we name when neighbors can't see who is coming or who will own the power. For questions or public tips about Clarksville, use the Compute Campus Hotline. Important answers are posted for everyone on Public Answers.

Public contacts (official or public only)
  • Serverfarm: Arkansas project page
  • City of Clarksville, Mayor's Office: official page · drieder@clarksvillear.gov · 479-754-6486
  • City Clerk & City Council: official page · 479-754-6488. City Hall, 205 Walnut Street, Clarksville, AR 72830.
  • Johnson County Judge Herman H. Houston (county judge and quorum court): official page · johnsoncountyjudge@gmail.com · 479-754-2175. Courthouse, 215 West Main Street, Clarksville, AR 72830.
  • Clarksville Connected Utilities: official contact page · frontoffice@clarksvilleconnected.net · 479-754-3148. 400 West Main Street, Clarksville, AR 72830.
Sources
  1. Serverfarm, Arkansas project page (accessed Nov 8, 2026)
  2. Bonds and community agreement, The Graphic, Aug 4, 2026
  3. Solaris 43-acre lease, The Graphic, Aug 18, 2026
  4. 40-turbine plan, Arkansas Democrat-Gazette, Aug 12, 2026
  5. Turbine permit reported approved, NWA Democrat-Gazette, Oct 8, 2026
  6. Bonds authorized, Hatchbo named as tenant, Arkansas Democrat-Gazette, Jul 30, 2026
  7. Solaris SEC exhibit describing Hatchbo
  8. Manulife completes Serverfarm acquisition, 2023
  9. Aterio Arkansas summary, data as of Nov 9, 2026
  10. Grey Swan: The Servers Can Wait. Gentry’s Neighbors Can’t., GETM article
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