NTT Global Data Centers Japan (NTT GDCJ), a subsidiary of NTT DATA Group Corporation, and TEPCO Power Grid, Inc. (TEPCO PG) announced their agreement to establish a new company. This joint venture aims to develop and operate data centers in the Inzai-Shiroi area of Greater Tokyo, Japan. The first project under this partnership involves acquiring land in the Inzai-Shiroi area to build data centers with a total planned IT load of 50MW. The new company, set to be established in spring 2024, plans to deliver its first capacity in the second half of the fiscal year 2026. NTT Global Data Centers is investing approximately 12 billion USD over the next five years to expand and upgrade its data center business globally. This partnership is part of NTT Global Data Centers' strategy to expand its data center presence in Japan and worldwide.