Section 01 · Portfolio

A pipeline of vetted regions, at their true stage.

Every region below was evaluated against the same five gates: power availability, permitting posture, water reality, fiber, and community fit. Each region shows exactly where the work stands today, and the status updates as deals move. Specific parcels are reserved for qualified conversations under NDA.

Region Record · Nevada Evaluating

Northern Nevada

Nevada · Tier 1
Acreage Band
~50 acres
Campus Potential
100 MW

Established industrial power infrastructure in NV Energy territory, with substation capacity adjacent to entitled land and park-scale on-site generation in the region.

BLOCK CAPEX $61.4M / 5 MW
View region
Region Record · Texas Evaluating

West Texas / ERCOT

Texas · Tier 1
Acreage Band
~500 acres
Campus Potential
1,000 MW

ERCOT market with high-voltage transmission adjacent to large contiguous acreage and substation infrastructure at the boundary.

BLOCK CAPEX $61.4M / 5 MW
View region
Region Record · Oklahoma Evaluating

Northeast Oklahoma

Oklahoma · Tier 1
Acreage Band
~125 acres
Campus Potential
250 MW

GRDA public-power territory with master-planned industrial park capacity and hyperscale precedent already in the market: Google operates in the region.

BLOCK CAPEX $61.4M / 5 MW
View region
Region Record · Ohio Evaluating

Central Ohio

Ohio · Tier 1
Acreage Band
~50 acres
Campus Potential
100 MW

AEP Ohio territory with staged utility service growth on entitled land and high-voltage transmission nearby.

BLOCK CAPEX $61.4M / 5 MW
View region
Region Record · Arizona Evaluating

Central Arizona

Arizona · Tier 2 Watchlist
Acreage Band
~25 acres
Campus Potential
50 MW

Established technology corridor in SRP territory: Apple, Google, and Meta run large campuses in the corridor.

BLOCK CAPEX $61.4M / 5 MW
View region
Status legend Evaluating Region under active evaluation across five gates: power, permitting, water, fiber, community fit Due Diligence Active workstreams on specific parcels In Negotiation Commercial terms in motion
Tier legend Tier 1 Strongest current fit across the five evaluation gates Tier 2 Watchlist Promising region with open questions on at least one gate

About the block CapEx figure: it repeats across regions on purpose. The engineered block costs the same to build everywhere on a planning basis; what changes by region is your energy price, water mode, and timeline. Site-specific factors land in the engineered pro forma.

Directional estimates from conservative planning-grade assumptions. Engineered pro formas are prepared per site on request.