TAKANOCK SECURES $500 MILLION COMMITMENT FROM ARCLIGHT AND DIGITALBRIDGE

Core Insights - Takanock, LLC has secured $500 million in capital commitments from ArcLight and DigitalBridge to enhance power infrastructure solutions for data centers in constrained markets [1][2][6] - The company aims to address critical energy constraints faced by data centers, particularly in Tier I and II markets, by providing innovative and scalable power solutions [2][9] Company Overview - Takanock was established in 2023 to tackle power shortages that limit data center development [2][8] - The company focuses on integrated power solutions that enhance grid stability and support renewable energy integration [9] Leadership and Expertise - Takanock is led by Kenneth Davies, who has extensive experience in energy and digital infrastructure, previously founding Google Energy and heading Microsoft's renewable strategy [3][4] - The leadership team's expertise is crucial for delivering innovative solutions to the power challenges in the data infrastructure sector [3][4] Strategic Partnerships - The partnership with ArcLight and DigitalBridge is significant for operationalizing digital power solutions in premier data center markets [4][5] - ArcLight and DigitalBridge bring operational capabilities and industry connectivity that will help Takanock accelerate time to power for new data center deployments [4][5] Innovative Solutions - Takanock provides flexible on-site power solutions that serve as prime power until substations are completed, reducing the burden on local utilities [4][6] - The company's solutions are designed to minimize environmental impact while enhancing grid support for renewable energy sources [5][9] Market Position and Growth - Since early 2024, Takanock has been assembling a strategic portfolio of sites across the U.S. and is executing digital power deployment under long-term contracts in Northern Virginia and Phoenix [6][9] - The company aims to meet the increasing compute-intensive needs of hyperscalers and large-scale data center operators [4][6]