I · 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. 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.
| 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 |
II · 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.
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
III · Power & Cooling
Baseload from the river. Cooling built for 45 °C liquid.
Georgia's grid runs on roughly 80% hydropower — renewable baseload without the intermittency discount, at industrial tariffs anchored by a $0.055/kWh precedent for large hydro-load contracts. Transmission is tariffed at 3.298 tetri/kWh under GSE Direct Customer status, bypassing the distribution layer entirely.
The campus thermal plant is designed around warm-water liquid cooling at 45 °C supply — the DSX MaxLPS envelope — which recovers roughly 40% more GPU capacity from the same power budget than air-cooled halls.
80%Hydropower share of grid generation
3.298Tetri per kWh transmission tariff — Direct Customer
+40%GPUs per power budget at 45 °C liquid
IV · Regulatory Position
Filed, not promised.
Every claim on this page traces to a document. The governing filings are lodged with the responsible Georgian authorities and are advancing under their statutory clocks.
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Advance Tax Ruling
Tax Code Article 47 — binding ruling on the FIZ + VZP structure
Filed · 90-day review
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Grid interconnection, Stage 1
Georgian State Electrosystem — Marneuli 500/220 kV
Initiated
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Environmental screening
MEPA — EAC Annex I/II applicability
Receipt confirmed
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Land assembly
State and free-zone parcels, Kvemo Kartli corridor
LOI in negotiation
Filing references and correspondence are available in the data room under NDA.
V · Platform
Engineered for the DSX era.
The campus reference design targets the NVIDIA DSX AI Factory architecture and Blackwell Ultra-class silicon — up to 50× inference throughput per megawatt against Hopper-class plant. Hyperion underwrites in tokens per megawatt, not racks per hall.
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.