CleanArc Data Centers Launches to Transform the Future of Data Center Power With the Backing of 547 Energy
Supported by the clean energy investment platform of Quantum Energy Partners, CleanArc Data Centers brings together data center and energy industry veterans to lead Hyperscalers through their clean energy transition
CleanArc Data Centers announced its formation and equity backing from 547 Energy LLC (“547 Energy”), the clean energy investment platform of Quantum Energy Partners (“Quantum”). CleanArc Data Centers is solving the current and future needs of the world’s largest data center customers by bundling new data center campuses with innovative clean energy contract structures that approach zero carbon emissions. CleanArc’s campuses will utilize scalable solutions optimized for hyperscale deployment that can deliver power up to the rack, initially across North America.
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Founded and led by successful data center industry entrepreneur Jim Trout, the CleanArc leadership team is composed of seasoned industry experts that bring together decades of experience in siting and developing data center campuses and power structuring. The team has combined experience designing, constructing, and managing over 1 GW of state-of-the-art data center facilities.
Jim Trout, Founder & CEO, CleanArc Data Centers, said, “We are thrilled to be a 547 Energy portfolio company and draw upon the vast global energy experience and power structuring expertise of the 547 Energy team and the broader Quantum Energy Partners team. The world’s largest hyperscalers are leading the transition to a zero-carbon grid, and CleanArc will help them get there faster, as we prepare for the next decades-worth of data center capacity.”
The leading hyperscalers have ambitious zero-carbon energy goals that incentivize the development of new renewable energy projects in the regions where they operate, contributing to lower-carbon grids. At the same time, the U.S. hyperscale data center market is growing nearly 15% per year driven primarily by the movement of computing resources to the cloud. With its strategic team of data center veterans and power marketing experts, CleanArc is well-positioned to capture the global growth in demand for data center capacity with green electrons.
CleanArc True Additionality is CleanArc’s answer to its customers’ need for robust power structures that can provide carbon-free energy. True Additionality provides load-following clean energy with maximum green electron delivery to data centers sourced from solar, wind, storage, and hydro projects within the consumption service territory, while also limiting hyperscale customers’ credit risks, price dislocation risks, and income statement impacts.
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Bill Thomas, Senior Vice President of Energy and Power Contracting, CleanArc Data Centers, added, “At CleanArc, we are not constrained by legacy design or energy generation. We are a team of data center veterans and power structuring experts. We are deeply committed to the global reduction of greenhouse gas emissions through the creation of CleanArc True Additionality.”
547 Energy is the clean energy investment platform of Quantum Energy Partners. Quantum is a leading global provider of private equity capital to the responsibly sourced energy and energy transition and decarbonization sectors, having managed together with its affiliates more than $20 billion in equity commitments since inception.
Steve Irvin, Managing Director, 547 Energy, said, “Jim and the CleanArc Data Centers team have created a compelling company that is well-positioned to innovate in the data center market and provide hourly matching solutions to the world’s largest data center customers. We look forward to using the full Quantum Energy platform to support CleanArc’s success.”
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