United States

AI Infrastructure Portfolio

A six-campus data center platform built around power-rich industrial sites in West Virginia. Each campus begins at approximately 10 MW of IT load and scales toward approximately 50 MW, with modular 1 MW PowerPods deployed to reach ready-for-service within 24 weeks.

Aerial view of a modular data center campus in daylight

302.4 MW

IT load at full deployment

6

campuses

252+

modular pods

$882.9M

annual revenue at full deployment

The economics

1 MW of IT Load

Capital deployed

$10.4M

to build or acquire

Annual revenue

$2.9M

per MW per year

Year 5 portfolio exit value

$18.0M

per MW

$16.2M per MW if sites are sold individually. Modeled total revenue includes colocation, energy reimbursement and grid-services revenue; based on August 2026 market rates.

2027 to 2031 rollout

Portfolio

Disciplined deployment. Scalable growth.

6

campuses

252

modular pods

302.4

MW at full deployment

30% equity / 70% debt

capital structure

30% Equity70% Debt

Deployed capacity

Scaling from 21.6 MW to 302.4 MW

A five-year rollout across 6 campuses, delivering 302.4 MW of IT load and $882.9M in annual revenue at full deployment.

  • MW IT - RFS
  • Revenue (USD)
  • Capital Deployed (USD)
MW IT - RFSUSD Millions001003002006003009004001,20021.6202764.82028151.22029261.62030302.42031
Revenue (USD)
$29.2M
$150.4M
$393.9M
$678.5M
$882.9M
Capital Deployed (USD)
$223.6M
$568.5M
$935.0M
$711.4M
$366.5M

Six-campus portfolio

Sites

Aerial view of Campus 1: repurposed industrial plant with live power infrastructure

Campus 1

Acquired

State: West Virginia

10.8 → 50.4 MW IT load

19%

Campus 2

Optioned

State: West Virginia

10.8 → 50.4 MW IT load

0%

Campus 3

In Negotiation

State: West Virginia

10.8 → 50.4 MW IT load

0%

Campus 4

Identified

State: West Virginia

10.8 → 50.4 MW IT load

0%

Campus 5

Identified

State: West Virginia

10.8 → 50.4 MW IT load

0%

Campus 6

Planned

State: West Virginia

10.8 → 50.4 MW IT load

0%

Infrastructure and operations

Modular architecture

Factory-integrated 1.2 MW PowerPods create a flexible, transportable architecture that can be deployed quickly and scaled module by module.

Power

Energized 69 kV - 345kV grid connection, backed by a secondary power line, on-site BESS and gas generation capability, provides resilient, grid-interactive power from day one.

Cooling

Direct liquid cooling supports high-density GPU deployments of up to 150 kW per rack, with the site positioned for closed-loop water-side cooling.

Fiber

High-capacity connectivity is being built around Cogent, with Zayo, Frontier, Segra and Lumen targeted to provide diverse-path fiber redundancy.

Security

Security is designed into the deployment from the outset, with dedicated networking and security infrastructure included within the site capital program.

Monitoring and operational capability

EMMA provides a single operational layer for real-time telemetry, GPU workload management, remediation, battery dispatch and grid interaction, building on the team's experience operating more than five million devices worldwide.

LIVEGRID partners with industry gold-standard operators for client-owned data centers with 3+GW and 20+ data centers under management.

Partner on this project