Prometheus Hyperscale Company Profile

Background

Prometheus Hyperscale is a pioneering developer of sustainable hyperscale data centers, committed to building the essential infrastructure that will power the AI-driven world of tomorrow. The company focuses on integrating cutting-edge technologies and sustainable practices into its data center designs, aiming to deliver infrastructure that is both scalable and environmentally responsible.

Key Strategic Focus

Prometheus Hyperscale's strategic focus encompasses:

Sustainable Data Centers: Developing energy-efficient hyperscale data centers powered by cleaner energy sources.

Advanced Cooling Technologies: Implementing proprietary liquid cooling systems to enhance efficiency and reduce environmental impact.

Renewable Energy Integration: Partnering with leading providers to power data centers with 100% renewable energy.

Scalability and Reliability: Designing data centers to perform independently of environmental conditions, ensuring consistent operation in diverse locations.

Financials and Funding

Prometheus Hyperscale has secured significant investments to support its ambitious projects. The flagship data center campus in Evanston, Wyoming, represents an estimated $10 billion investment, serving as the cornerstone of the company's growth strategy.

Pipeline Development

Prometheus Hyperscale's development pipeline includes:

Evanston, Wyoming Campus: A 1.2GW hyperscale data center campus, with phase one construction underway and initial capacity delivery expected by late 2027.

Additional Sites: Plans for data centers in Pueblo and Fort Morgan, Colorado; and Phoenix and Tucson, Arizona, strategically designed to leverage clean energy resources and innovative technology.

Technological Platform and Innovation

Prometheus Hyperscale distinguishes itself through:

Advanced Liquid Cooling: Proprietary liquid cooling technology that significantly reduces energy consumption and eliminates water usage, enhancing efficiency and environmental sustainability.

Renewable Energy Integration: Commitment to operating on 100% clean energy, including partnerships with companies like Oklo for advanced fission technology.

Scalability and Reliability: Data centers designed to be independent of environmental conditions, ensuring consistent performance across diverse locations.

Leadership Team

Bernard Looney, Chairman of the Board: Former CEO of BP, bringing extensive experience in energy and sustainability.

Trenton Thornock, Founder and CEO: Visionary leader with a proven track record in the energy sector, instrumental in driving the strategic direction of Prometheus Hyperscale.

Trevor Neilson, President: Accomplished entrepreneur and impact investor with a strong background in finance and sustainable investing.

John Gross, Chief Technology Officer: Expert in data center and central plant design and commissioning, focusing on operations-focused designs.

Marc Chennault, Chief Financial Officer: Brings over twenty years of investment, capital markets, advisory, and project development experience.

Adam Mirick, Senior Energy Advisor: Seasoned energy executive with over 25 years of experience in power and commodities markets.

Leadership Changes

Bernard Looney's Appointment: In November 2024, Bernard Looney, former CEO of BP, was appointed Chairman of the Board, marking his first public appointment since his resignation from BP in September 2023.

Trevor Neilson's Appointment: In September 2024, Trevor Neilson joined as President, bringing extensive experience in climate technology and renewable energy.

Competitor Profile

Market Insights and Dynamics

The data center industry is experiencing rapid growth, driven by increasing demand for AI, big data, and cloud computing. Sustainability and energy efficiency have become critical factors, with companies seeking to minimize environmental impact while meeting escalating computational needs.

Competitor Analysis

Equinix: A global data center provider focusing on interconnection and colocation services, emphasizing energy efficiency and sustainability.

Digital Realty: Offers data center, colocation, and interconnection solutions, with initiatives aimed at reducing carbon footprint and enhancing energy efficiency.

Microsoft Azure Data Centers: Microsoft is investing heavily in sustainable data centers, aiming to be carbon-negative by 2030, leveraging renewable energy and innovative cooling technologies.

Strategic Collaborations and Partnerships

Oklo Partnership: Collaboration to integrate advanced fission technology, supplying 100 megawatts of carbon-free power to Prometheus Hyperscale’s data centers.

PureWest Energy and Frontier Carbon Solutions: Partnership to deliver carbon-neutral, flexible power solutions for the flagship Wyoming data center, utilizing verified low-carbon natural gas and advanced carbon capture and storage solutions.

Lumen Technologies: Partnership to enhance connectivity for sustainable AI-driven data centers, deploying Lumen's Private Connectivity Fabric solution.

Operational Insights

Prometheus Hyperscale's strategic considerations include:

Sustainability Leadership: Differentiating through a strong commitment to sustainability, leveraging advanced technologies and renewable energy sources.

Scalability: Designing data centers to accommodate future growth and evolving technological requirements, ensuring long-term viability.

Strategic Locations: Selecting sites that offer access to renewable energy resources and favorable environmental conditions, enhancing operational efficiency.

Strategic Opportunities and Future Directions

Prometheus Hyperscale's strategic roadmap includes:

Expansion of Data Center Footprint: Developing additional sites in Colorado and Arizona to meet growing demand for sustainable data center solutions.

Technological Innovation: Continuing to invest in advanced cooling technologies and renewable energy integration to enhance efficiency and sustainability.

Industry Leadership: Positioning as a leader in sustainable data center infrastructure, setting new standards for environmental responsibility in the industry.