PTC NEWS: Chirisa Technology Parks and Strategic Partner PowerHouse Data Centers, Announces Major Expansion Initiatives Across the USA Focused on Hyperscale and AI Workloads

RICHMOND, VA and DUBLIN, Ireland; January [24], 2024 Chirisa Technology Parks (“CTP”), the wholesale and hyperscale data center development platform for Chirisa Investments, and strategic partner PowerHouse Data Centers, a leading real estate partner fo rnext-generation hyperscale data centers and division of American Real EstatePartners (AREP), today announces a major expansion of its data center footprint across Virginia and Illinois.

Following these expansions, CTP will have deployed over 330 MW of critical capacity for large wholesale and hyperscale customers in partnership with PowerHouse Data Centers.  CTP and PowerHouse’s capability includes build-to-suit hyperscale powered shells, HPC and AI-focused high-density deployments, turnkey data center solutions for Cloud customers, and bespoke edge deployments in major markets.

Lee Hayes, Managing Director of Chirisa and President of CTP,commented, “We have employed a patient and long-term strategy at CTP, leveraging our close industry relationships from Chirisa’s 25+ year involvement as an investor and operator in tech and telecoms.  Our CTP platform is focused on delivering for the specialized and more challenging requirements of large and sophisticated customers.”

Doug Fleit, Founder &CEO of PowerHouse Data Centers,commented, “We’re thrilled to partner with Chirisa to deliver these state-of-the-art data center facilities with unbeatable speed-to-market that meets the complex needs of hyperscale tenants. Our shared commitment to exceeding those needs is foundational.”

Richmond, Virginia: Digital Drive Campus. Co-developed with Powerhouse Data Centers, the campus expands on the planned 500,000 square feet of data center space on the existing 300-acre Richmond campus at Meadowville Technology Park, to provide up to 1 million square feet of state-of-the-art data center space for hyperscale users when completed. CTP and Powerhouse is currently in the process of delivering a new 300 MW substation on the campus to accommodate the rapidly growing demand in the Richmond, VA market.

Chicago, Illinois: Partnering with PowerHouse Data Centers to oversee the project as a development partner, CTP recently delivered the first phase of a 160,000-square-foot, 30MW specialist facility, including dedicated lab space and state-of-the-art cooling systems.  CTP and PowerHouse will complete the second phase including a high-density HPC installation with direct-to-chip cooling and high-performance closed-loop cooling systems by December 2024.

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