Data Centers & AI Infrastructure

Data center funding, structured around power and offtake.

Our go-to-market for data center capital is deliberately narrow: powered, shovel-ready sites with a creditworthy offtaker and a signed LOI. Projects that clear those tests move quickly into underwriting and can access up to 100% – 130% financing.

The path

Five gates from site to capital.

Each stage is a qualification test. A project that fails an early gate does not improve by adding capital — it improves by fixing the gate.

Site selection with power available today

Power is the gate. We work sites where energy is deliverable now, not queued behind a multi-year interconnection study.

Power available today, with documented capacity, timing, and delivery path
Fiber access and route diversity to support compute density
Water availability sufficient for the chosen cooling design
Air rights and vertical envelope confirmed for the build program
Land fully shovel ready or post shovel ready — entitlements, permits, and site work resolved
Near-zero angry-villager risk: no community opposition or political exposure that can stall the project

Creditworthy offtaker

Capital follows credit. The project must have a counterparty whose balance sheet supports the revenue line — either as owner operator or as the tenant for the GPU compute.

Owner operator with demonstrable credit and operating history, or
Investment-grade or institutionally acceptable compute tenant
Contract term and pricing consistent with the debt amortization profile

Signed LOI for offtake

The sponsor arrives with the offtake LOI in hand, or GRO works to source it through our neocloud and hyperscaler network.

Sponsor-sourced LOI reviewed against lender and investor requirements
Or GRO-led introductions across our neocloud and hyperscaler relationships
Network includes counterparties such as Anthropic, Microsoft, Oracle, CoreWeave, and other neocloud providers
LOI negotiated toward a definitive agreement that will survive diligence

Underwriting

The transaction enters formal underwriting: power economics, capital stack, construction plan, offtake credit, and takeout logic tested against institutional standards.

Sources and uses reconciled to the model
Sensitivities on power cost, ramp, uptime, and contract term
Technical, environmental, and interconnection diligence coordination
Institutional deal sheet prepared for the capital market

Up to 100% – 130% financing

For qualifying programs, financing can reach 100% of project cost and, in certain structures, up to 130% to cover carry, contingency, and equipment.

Construction and phased draw facilities
Equipment and GPU financing alongside the real asset
Structured equity, preferred, and mezzanine layers where the offtake supports it
Permanent takeout planning from the first close

Screening

What we ask for first.

Bring these five items and the transaction can be assessed in days rather than months.

Power evidence: Utility correspondence, capacity letter, interconnection status, energization timeline, and delivered cost per kWh.
Site status: Site control, zoning and entitlement status, permits issued or pending, geotechnical and environmental reports, fiber and water availability, air rights.
Community and political posture: Local approvals, public record of support or opposition, and any pending litigation or moratorium exposure.
Offtake: Counterparty identity and credit, LOI or term sheet, contract term, pricing, and escalators — or a request for GRO to source offtake.
Sponsor and capital plan: Development team track record, budget, schedule, sources and uses, and the equity the sponsor intends to bring.

Pricing

What it costs to get to underwriting.

Fees are for work performed. No fee is a guarantee of financing, a term sheet, an introduction, or a closing.

PPA and offtake in place — no fee: If the project already has a signed power purchase agreement and a signed offtake agreement or LOI with a creditworthy counterparty, the transaction proceeds to underwriting at no charge.
Underwriting support — $1,500: If the PPA or the offtake documentation is missing, the underwriting support fee is $1,500. This covers structuring the file, identifying the gaps, and preparing the transaction so it can be underwritten.
Ongoing consulting — quoted per mandate: Full data room creation, power studies and utility surveys, and sourcing data compute offtakers through our neocloud and hyperscaler network. Scope and fee are quoted against the project after an initial review.

Important

What financing capacity means.

Indicative structures reflect transactions that satisfy underwriting. Nothing on this page is an offer, a commitment to lend or invest, or a guarantee of financing. Terms depend on the site, the offtake credit, the sponsor, and market conditions at the time of execution. Securities offerings are made through a registered broker dealer.

Bring a powered site or an offtake need

Engagements are accepted by invitation. Introduce the transaction and we will tell you candidly whether it is a fit.

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