Apr 17, 2025 | Posted by Abdul-Rahman Oladimeji
CleanArc Data Centers has secured new investment from a real estate investor, Townsend Group. Terms of the deal were not shared, but existing investor Snowhawk retains a majority share in the data center firm. CleanArc said the investment will support the company’s growth.
"We're excited to welcome Townsend as a strategic investment partner," said James Trout, founder and CEO of CleanArc. "Their capital markets expertise, institutional knowledge, and private real assets scale will be instrumental as we execute on our mission to develop the data centers of the future, particularly our inaugural campus in Virginia, VA1. Townsend brings a demonstrated track record of supporting transformative businesses throughout their growth journeys. And with Snowhawk's ongoing investment leadership, we're well-equipped to continue tackling the growing data center challenges faced by hyperscalers."
"CleanArc's strong team of industry veterans and their shrewd approach to site selection, development, and power structuring really sets them apart," said Anthony Frammartino, CEO and chairman, Townsend. "We're excited to support the company's continued development of leading data center campuses across Tier 1 markets."
