Hyperion is building a 100 MW+ AI campus at the bottom of an 80% hydropower grid. The power starts 5,047 meters up, as snow on the Greater Caucasus. Scroll to follow the water down.
Begin descent — 5,047 m
Zone 01 · The Source — above 2,400 m
It starts as snow.
Meltwater off the Greater Caucasus feeds a grid that runs on roughly 80% hydropower. The fuel is weather, and it renews every winter.
Zone 02 · The Reservoir — 1,150 m
Held back by concrete.
Reservoir hydro stores the melt and dispatches it on demand. Industrial hydro contracts in Georgia have precedent at $0.055 per kWh.
Zone 03 · The Penstock — 560 m
Fall becomes current.
Head becomes torque becomes megawatts. This grid already carries heavy 24/7 industrial load; crypto mining alone has drawn up to 0.8 TWh of it in a single year.
Zone 04 · The Grid — 345 m
The corridor is wired.
A 500 kV backbone crosses Kvemo Kartli. Hyperion interconnects at the Marneuli substation as a GSE Direct Customer, with Stage 1 review underway.
Zone 05 · The Campus — 321 m
The water ends its fall in an AI factory.
100 MW+ phased, liquid-cooled at 45 °C, engineered for NVIDIA's DSX platform and Blackwell Ultra-class silicon.
HYPERIONSovereign AI Infrastructure · Republic of Georgia
I · The Campus
What the water lands on.
A 100 MW+ turnkey AI campus in the Tbilisi–Kvemo Kartli corridor, designed as an AI factory from the first drawing: warm-water liquid cooling, direct transmission interconnection, and a zero-rate free-zone structure around the plant.
NVIDIA DSX reference design
The campus targets the DSX AI-factory architecture and Blackwell Ultra-class silicon, rated by NVIDIA's benchmark figures at up to 50× inference throughput per megawatt against Hopper-generation plant. Hyperion underwrites in tokens per megawatt.
45 °C liquid loop
Warm-water cooling at the DSX MaxLPS envelope recovers roughly 40% more GPU capacity from the same power budget than air-cooled halls. Dry-cooled for near-zero water draw, with a design PUE target of 1.15.
Marneuli 500/220 kV
Grid access as a GSE Direct Customer, bypassing the distribution layer. Transmission tariffed at 3.298 tetri/kWh; Stage 1 technical review initiated.
FIZ + VZP, 0%
A Free Industrial Zone entity holds land and plant, paired with a Virtual Zone services entity: zero-rate corporate income, customs, and import VAT. A binding tax ruling is filed under Article 47 to fix the treatment.
100 MW+Phased target capacity
80%Hydropower grid mix
$0.055/kWh hydro-load precedent
0%CIT · duty · VAT — FIZ + VZP
II · Thesis
The market has already voted for the Caucasus.
Armenia's $4 billion Firebird AI Factory, built on NVIDIA allocation, settled the question of whether global capital will fund AI infrastructure in the South Caucasus. It will. What remains open is where the second site lands.
Georgia is the region's uncommitted seat: the only candidate with a Black Sea coastline, an operating subsea fiber cable, an 80% hydropower grid, and no competing hyperscale project on record.
Don't take our word on the gap. In May 2026, TBC Capital, Georgia's largest investment bank, published a data-center sector report that sizes the country's entire installed base at 5–11 MW, with no operational Tier III facility, and models a Firebird-class anchor as the event that changes Georgia's digital outlook by an order of magnitude. The report is public. So is the gap.
Dimension
Armenia / Firebird
Georgia / Hyperion
Coastline
None — landlocked
Black Sea, operating subsea cable
Grid
~30–40% aging nuclear
~80% hydropower
Environmental permitting
None filed or held
EAC Annex I/II review engaged
Hyperscale competition
Firebird committed
None on record
III · The Site
Five of six technical teams. One corridor.
Site selection ran as seven independent research teams: electrical, mechanical, network, civil, legal, ESG, and strategy, none seeing the others' work. Five of the six technical rankings converged on the same answer, the Tbilisi / Kvemo Kartli corridor.
The corridor in one view: proven demand to the south, hydropower from the north, fiber to the west, and a 500/220 kV interconnection point inside the band.
Corridor
Flat industrial land south-east of Tbilisi with existing 500/220 kV transmission, fiber routes, and free-zone adjacency.
Tbilisi · Rustavi · Gardabani · Marneuli
Seismic basis
Structures designed to Georgia's binding seismic code: Intensity 8 (MSK-64), seismic coefficient A = 0.17 for the corridor zone.
PN 01.01-09 · mandatory national standard
Interconnection
Grid access as a GSE Direct Customer at the Marneuli 500/220 kV substation; Stage 1 technical review initiated.
GNERC Grid Rules · Resolution No. 10
Winter is the honest question. Reservoirs draw down, hydro output dips, and the balance comes from the Gardabani thermal cluster next door and from imports; nationally, around 40% of Georgia's winter electricity is imported. Hyperion plans for it from day one: a firm-capacity PPA structured against the annual hydro load, with on-site backup generation and battery buffering for training-step load swings in the design basis. An AI campus needs cheap water and a firm winter. This corridor prices the first and engineers the second.
The loop gives something back, too. Water leaves the halls near 50 °C, and the campus sits at the edge of Marneuli's greenhouse belt, where reclaimed heat can displace gas-fired greenhouse heating. The same water works twice.
IV · Regulatory Position
Every claim traces to a filing.
The governing filings are lodged with the responsible Georgian authorities and are advancing under their statutory clocks.
Advance Tax RulingTax Code Article 47, binding ruling on the FIZ + VZP structureFiled · 90-day review
Grid interconnection, Stage 1Georgian State Electrosystem, Marneuli 500/220 kVInitiated
Land assemblyState and free-zone parcels, Kvemo Kartli corridorLOI in negotiation
Filing references and correspondence are available in the data room under NDA.
V · Platform
Built to qualify for the DSX era.
NVIDIA's 2026 revenue-sharing and credit-support model opened allocation to sovereign-scale power sites for the first time. Hyperion's site, grid position, and structure are built to qualify.
Power is the scarce input of the DSX era. Hyperion begins with the power solved.
Hyperion is an independent developer. References to NVIDIA platforms describe design targets and compatibility, not an existing commercial relationship.
VI · The Company
A developer built for one asset.
Hyperion is an independent AI-infrastructure developer founded in 2026 in Tbilisi to deliver Georgia's first hyperscale AI campus. One asset, pursued end to end: site selection, grid position, regulatory clearance, and platform partnerships.
The company operates under a dual-entity Georgian structure, a Free Industrial Zone entity holding land and plant paired with a Virtual Zone services entity, engineered for the zero-rate treatment of corporate income, customs, and import VAT. A binding Advance Tax Ruling under Tax Code Article 47 has been filed to fix that treatment before capital is committed.
The working method is documentary: seven independent research teams produced the site dossier, filings carry official reference numbers, and every claim on this page traces to a document in the data room.