Who we serve
You are placing capital

Sites that survive your diligence.

You have the balance sheet and the conviction to enter the AI buildout, and you intend to own the asset rather than paper exposure to it. Capital is abundant. A site whose power holds up under your own diligence is the scarce part.

Where you stand

Where you stand.

Capital for AI infrastructure is abundant and priced efficiently. Sites that can actually deliver are not. Nameplate megawatts that turn out to be interruptible, slabs that cannot carry dense racks, interconnects that need a two-year re-study: much of what is marketed as a powered site does not survive diligence.

Entering well means originating quietly, qualifying hard, and walking away from most of what you see. That discipline is what we bring, along with the build that follows the acquisition.

The path in

The path.

Four stages, each one gating the next.

01

Origination

Powered sites surface through industrial owners, miners and utilities long before they reach a broker. We work those channels directly.

02

Qualification

Firm power against nameplate, who controls the connection, permits, policy risk and timeline, established before you underwrite. Most candidates fail here; that is the point.

03

The demand shapes the deal

What a creditworthy buyer will sign for determines what the site is worth and how the build gets sized. That read belongs in your underwriting rather than after it.

04

Handoff

A buildable project. Selecting the developer, the EPC and the operator is your decision and your hold period, and we can tell you what the site will need from each.

What we do

What we do.

  • Sites before they are listed: powered land surfaces through industrial owners, miners and utilities long before it reaches a broker. We work those channels directly.
  • A power story that survives your diligence: firm megawatts against nameplate, who controls the connection, the permits, the policy risk, and the evidence behind each.
  • The demand-side read: which class of tenant a site fits, and what their committee asks before it approves anything.
  • What a lender needs before it funds: established while the terms are still open.
  • A clean handoff: a buildable project, and we stay on the file through your diligence.

See the work in detail

SOURCED · QUALIFIED · DELIVERED
The numbers

Why brownfield.

$10B+
committed to a single powered-shell conversion once it had a plan and a path to contracted revenue.
1.2–1.4×
the debt-service coverage a project lender typically requires of contracted cash flows.
5–7 yrs
the interconnection queue a qualified site is already past.

Capital is abundant. Sites that survive diligence are not.

Start with the mandate.

Tell us the mandate: size, geography, hold period. We'll come back with how we would source and qualify against it.

Start a conversation