AVAIO Digital Partners Celebrates Key Development in Data Centers
AVAIO Digital Partners Marks a Milestone in Data Center Development
AVAIO Digital is thrilled to share a remarkable achievement in the construction of its Perseus Data Center Project, located at the Pittsburg Technology Park. This groundbreaking venture has received unanimous approval from the Pittsburg City Council for the development plan of the expansive 76-acre campus.
Details of the Perseus Facility
The Perseus facility, designed as a cutting-edge 92 MW data center, is set to begin construction soon, with energization projected for a couple of years ahead. The facility is being designed with sustainability in mind, leveraging locations where over 90% of the grid power comes from zero-carbon sources. It is also set to utilize 100% recycled water for all cooling and non-potable water requirements, maximizing on-site solar energy while preparing for future biofuel integration in its backup generators.
Collaborations that Enhance Sustainability
In partnership with the Pittsburg Power Company (PPC), the project ensures that the Perseus Data Center will maintain competitive energy costs, comparable to current regional tech hubs. The backing from the city not only includes the all-important planning approval but also encompasses a range of economic incentives intended to foster community growth.
Economic Impact on the Community
The commitment from AVAIO Digital to invest over $800 million into the development reflects its aim to not just build but contribute significantly to the local economy and community. This endeavor promises not only job creation but also numerous economic benefits to the East Bay region.
Statements from Leadership
Mark McComiskey from AVAIO Digital expressed gratitude toward the City of Pittsburg, stating, "We appreciate the confidence and shared vision provided by the City in the development of the Pittsburg Technology Park. The construction of Perseus reflects our commitment to sustainability in hyperscale data centers."
Adding to the sentiment, Mayor Juan Antonio Banales mentioned, "The City of Pittsburg and PPC cherish their tradition of supporting innovative industrial developments. We are excited about our collaboration with AVAIO Digital to bring this exceptional data center to fruition."
Strategic Location and Future Prospects
As the demand for data centers escalates, especially in regions facing power and land limitations like Santa Clara, the Pittsburg Technology Park represents a timely solution. Its strategic location, approximately 45 miles from San Francisco and 60 miles from Santa Clara, positions it as a prime destination for cost-effective and environmentally responsible data solutions.
About AVAIO Digital Partners
AVAIO Digital Partners operates under the management of AVAIO Capital, a team comprised of experts across various fields including investment, engineering, and construction. With a focus on building sustainable hyperscale data centers in North America and Europe, AVAIO Digital continues to innovate within the industry. More information about AVAIO Digital can be accessed through their official website.
Frequently Asked Questions
What is the Perseus Data Center Project?
The Perseus Data Center Project is a state-of-the-art data center being developed by AVAIO Digital Partners at the Pittsburg Technology Park, focusing on sustainability and innovation.
When is construction expected to begin for the Perseus facility?
Construction on the Perseus facility is slated to start in 2025, with energization anticipated in 2027.
How does the location impact the data center?
The Pittsburg Technology Park is strategically located to meet growing regional demand while offering low-cost, sustainable energy options.
What economic benefits will the project bring to the community?
The development is expected to inject over $800 million, create jobs, and stimulate significant economic growth in the community.
Who is involved in the energy provision for the data center?
The Pittsburg Power Company (PPC) is a vital partner, ensuring that the data center benefits from competitive energy rates.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.