Incentives and Infrastructure

Tax credits unique to SWIM.

Qualified projects may receive:

• A transferrable tax credit equaling the lesser of either 30% of the entire qualified investment or $5 million, up to $25 million over a five-year period.
• Indiana’s data center sales and use tax exemption
• for qualified projects on the purchase of qualifying data center equipment and energy for up to 25 years.
• Economic Development for a Growing Economy (EDGE) refundable Indiana tax credit, phased in annually up to 10 years, based on the jobs created.
• Investment Tax Credit, Section 48 of the Inflation Reduction Act, encouraging investment in renewable, low-carbon energy use by reducing capital costs by up to 30% through 2032.
• Local tax abatement on real property and machinery and equipment.
• Sales tax exemptions on raw materials, equipment and power.
• Local Tax Increment Financing (TIF) for infrastructure and construction.
• Local assistance in site improvement and utility extension through Industrial Revenue Bonds and other funding.
• Discretionary grants and refundable credits

Infrastructure for non-stop 24/7 operations.

SWIM assures operational resilience through:

• Electrical infrastructure including 12 kV, 69 kV, 138 kV, and dual 345kV transmission lines, with adjacent service in some areas and proximity to a substation.
• Dual 10” natural gas lines, with proximity to a third.
• Expanding water and wastewater capacity currently 1 MGD and .5 MGD, respectively, with the infrastructure to quickly double water capacity. The region’s abundant lake, river and aquifer resources also allow for substantial expansion of cooling water capacity.
• Multiple fiber feeds from leading telecommunications providers and an expanding fiber infrastructure.

Explore More SWIM Competitive Advantages