United States: Snowhawk invests in CleanArc Data Centers

Private equity firm Snowhawk LP has invested in data center developer CleanArc Data Centers as the company expands its team and develops its first data center campus in Virginia. Led by Vantage Data Centers founder Jim Trout, the company aims to develop hyperscale data center campuses delivering 300MW+, 200-700-acre campuses.

"We are delighted to further our partnership with James Trout and the CleanArc team," said Brian McMullen, managing partner and co-founder at Snowhawk. "We see a generational opportunity to invest in the cloud and AI architecture underpinning our increasingly digital society. CleanArc is a pioneer in innovative and sustainable data center solutions for its customers, and we are excited to invest in platform expansion in its focus markets."

"As we deepen our hyperscaler partnerships and construct state-of-the-art data center campuses, we believe Snowhawk is an ideal investment partner," added James Trout, CleanArc founder & CEO. "Snowhawk's ongoing support provides the driving force for us to hit the ground running on developing our inaugural data center."