DPO is working in partnership with Billerud subsidiary Consolidated Water Energy Firm (“CWPCo”), a regulated utility working 32 megawatts of renewable hydroelectric era property inside its electrical distribution system. By means of its relationship with CWPCo, DPO has secured a definitive land lease extending for as much as fifty years, interconnection rights to an present and energized substation, and entry to a agency energy provide.
“With our definitive agreements with CWPCo now finalized, we’re thrilled to launch the event of this cutting-edge facility,” mentioned Andrew Webber, DPO’s CEO. “The scarcity of high-density rack area goes to be a sustained pattern effectively into the 2030s, and our technique of leveraging underutilized land, infrastructure, and energy, creates a win-win resolution for all stakeholders. Velocity-to-energization is crucial in at present’s market, and by forming relationships with forward-thinking energy companions like CWPCo, and designing to what’s instantly actionable, services like this may be introduced on-line a number of years forward of hyperscale tasks.”
“This collaboration affords a singular alternative for CWPCo and the broader neighborhood,” added CWPCo Director Martin Burkhardt. “We’re creating worth by using our present assets extra effectively, and showcasing how revolutionary partnerships can unlock new potentialities. This improvement strengthens our sustainability by producing new income, diversifies our buyer portfolio, and units a powerful instance for different formidable ventures.”
DPO has engaged Stantec, a world chief in sustainable design and engineering to supply consulting and engineering assist, and is at present working with the Metropolis of Wisconsin Rapids and varied state businesses to finalize building plans and constructing permits previous to groundbreaking and vertical building. The undertaking’s pre-development section has been funded by an investor consortium led by Salutem Capital (“Salutem”), a privately-held New York household workplace.
“The AI revolution is driving unprecedented demand for high-performance computing infrastructure,” mentioned Justin and Cameron Adelipour, Managing Companions at Salutem. “This settlement highlights DPO’s skill to execute and ship the crucial infrastructure vital for the subsequent wave of AI innovation. Our funding illustrates our full confidence in DPO’s imaginative and prescient and their skill to handle the evolving wants of the digital infrastructure ecosystem.”
DPO expects the undertaking to succeed in energization in 2026.
