From left to right:
Ryan METROBLOKS
Shea, SVP Real Estate; Darcy Nothnagle, VP
Economic Development;
Paul Churnock, VP EPC( Engineering, Procurement, and Construction); Ernest Popescu, Founder and CEO
The company has put four sites under exclusive control and has closed on its first site, with the funding team led by PJ Fielding, a board member and Vice Chair of Capital Markets, who helped the company close on its first land acquisition.
Ernest adds:“ I’ m excited to announce that, over the next few months, we will have signed an agreement with an institutional investor in Europe, which is going to help us create a European entity and continue to grow our business. We’ ve had similar interest in the US and hope to announce a similar partnership in North America.
“ What’ s next for us is to continue to do what we’ ve been doing, which is focusing on bringing great sites to metro markets with a large population reach, finding institutional capital partners that share our vision and ambition and continue to grow the business. All of that means we will need to continue hiring world-class talent like what we have assembled so far.”
He adds:“ I’ m incredibly excited about the future as we build foundational data centre infrastructure and eventually work our way up the value chain by delivering platforms, software, bare metal and GPU as services, in the near future. The vision is to become a fully integrated technology company. But it all starts with that first data centre.”
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