United States: Cloverleaf Infrastructure secures funding for clean energy data center campuses

 Cloverleaf Infrastructure, which is developing clean-powered, ready-to-build data center sites in the US  has secured $300 million in funding for its clean energy data center campuses from private equity investors NGP and Sandbrook Capital, alongside contributions from its management team. 

David Berry, Cloverleaf’s CEO said:  “The rapid growth in demand for electricity to power cloud computing and artificial intelligence poses a major climate risk if fueled by high-emission fossil fuels. However, it’s also a major opportunity to catalyze the modernization of the US grid and the transition to a smarter and more sustainable electricity system through a novel approach to development." 

Janous, now Cloverleaf’s chief commercial officer, said: “The large tech companies have become dominant players in the electricity sector, and they are genuinely determined to power their growth with the lowest possible emissions. Achieving this objective doesn’t depend on disruptive new technologies as much as it does on dedicated teams working hand in hand with utility partners to maximize the use of the clean generation, storage, and other technologies we already have.”