One benefit of this would be
It is a lot easier to recover the heat from a fluid than from air. Assuming there is something nearby that can use it to heat water for industrial purposes, or concentrate it to make steam for district heating of residential/commercial buildings (if they are already set it up for that)
The local university has steam tunnels running everywhere, the steam is made by burning natural gas (when I was a kid it was burning coal) If there was a datacenter nearby it could sell the steam and offset that natural gas use and save money for them and for the university.