Investor Access — Confidential 2026
300MW of behind-the-meter modular data center capacity in Pennsylvania — hyperscaler-grade compute without the grid queue.
5–7 year utility queues. 2,600+ projects representing 2,600GW waiting. Every month of delay is permanent market share lost to competitors who already have power.
A 300MW campus costs $1.5B–$3B the traditional way and takes 3–5 years. Very few operators can finance it. AI demand is outpacing supply 3:1 in the US alone.
Grid electricity runs $0.15–0.25/kWh. At 300MW running 8,760 hours, that's $394M–$657M in annual power cost alone — making AI colocation margins marginal at scale.
| Dimension | Traditional DC | Grid-Dependent Colo | FullScale MDC ✓ |
|---|---|---|---|
| Build Cost / MW | ~$5–10M | ~$2.5–5M | $0.72M — 65–90% lower ✓ |
| Time to First Power | 3–5 years | 18–36 months | ~12 months ✓ |
| Grid Dependency | Required (5–7yr queue) | Required | None — BTM gas ✓ |
| Power Cost | $0.15–0.25/kWh | $0.15–0.20/kWh | $0.095/kWh BTM gas ✓ |
| Rack Density | 10–30 kW/rack | Up to 50 kW/rack | 150kW now; 500kW roadmap ✓ |
| Site Flexibility | Greenfield only | Limited | Brownfield + greenfield ✓ |
| Scalability | Fixed building | Limited modular | 0.5MW pods — infinite ✓ |
| US Manufacturing | On-site construction | Imported or local | Domestic — no tariff risk ✓ |
| Proven Hyperscaler Use | Yes (many) | Partial | Yes — CoreWeave UK live ✓ |
Three revenue streams, one structural cost advantage, sub-2-year payback on $215M invested
All-in per-kW pricing, power absorbed in rate. Hyperscalers on 10-year contracts. Lowest churn, highest revenue visibility. Target: 75–90% of Tioga capacity.
Fully bundled power + space + connectivity per kW. 100% consumption. Higher $/MW. Enterprise AI and mid-market operators. Target: 10–20% of capacity.
Exclusive US distributor of Platform UK containers. Revenue begins before Tioga reaches full scale. Sell to organizations building their own DC infrastructure.
Full model available in data room under NDA — 300MW, $214.95M all-in CapEx
In 14 days: site secured, power partners engaged, fiber confirmed, gas supply locked, JV in formation, capital raise initiated. This team executes without delay.
Phase 2 sites identified via NGLC 5-state pipeline. Anchor hyperscaler tenant discussions active via Brian Patten — warm relationships, not cold outreach.
CoreWeave + hyperscalers are active UK customers today. £50M AMC closed on Swiss bond market. The same model FullScale deploys is live and profitable.
800+ IPOs · $1.5B+ infrastructure deployed · 30,000MW+ energy experience
4–5 US domestic contract sites can produce Platform UK-spec containers independently. FullScale holds the exclusive license regardless of Platform UK's operational status. The IP stays in the JV.
0.5MW pre-built units. 600 = 300MW. Deployed in weeks. No ground disturbance — opens brownfield sites. Manufactured to spec, not built on-site.
Closed-loop chiller scales independently of pod count. 150 kW/rack today — 500 kW/rack roadmap for next-gen GPU density. Immersion cooling pathway for max PUE.
Platform UK proprietary DCIM. Real-time telemetry, 80+ algorithm states, micro-second response. Exclusive US & CA license — all future iterations included.
4–5 PA contract sites. Charlie Morrissey leading. 10MW/week target. Purpose-built facility Phase 2+. Zero import tariff exposure. Eliminates all shipping & lead-time risk.
Brian Patten (NGLC) — direct, warm offtaker relationships. $130–$220/kW/mo. 10-year contracts. These are active conversations, not cold outreach.
Dutch Ridge Consulting Group — exclusive federal channel. Off-grid BTM = no single grid point of failure. Critical requirement for classified AI workloads.
Throughline LLC + Liz Pavit (Salesforce, META, Publicis). All-in managed at premium rate. Bundled power + compute + connectivity. 3–5 year contracts.
Equity component $50–75M — JV equity + project debt — Q2 2026 close target
Full financial model — monthly cashflow, P&L, scenario analysis, sensitivity tables — available in data room under NDA.
300MW on-site BTM power — operational in ~12 months, no utility queue
$0.72M/MW build cost — 65–90% below traditional data center construction
$866M+ 10-year net return on $215M invested — base case, not upside
Exclusive US & Canada Platform UK license — CoreWeave validated today in the UK
Wall Street CFO (800+ IPOs) + $1.5B+ infrastructure advisor + NGLC hyperscaler pipeline