Green Data Center Real Estate
3 self-sustaining data campuses + 1 solar manufacturing campus, including the largest solar-powered data center in the Americas, in development
Privately-held
About Green Data:
Developing 3 solar-powered data centers for hyperscale compute in New Mexico and Texas, including the largest solar-powered data center in the Americas
Developing 1 solar panel racking manufacturing facility in a joint venture with 5B Holdings in New Mexico
Team has built $23+ billion of data centers for hyperscalers including Google, Amazon, Microsoft, Oracle, including via Chief of Staff-level roles at these companies
Positioned at the key bottleneck in the data center industry - power generation (4-6 year wait for new industrial power grid connections across the USA)
“Up to the Rack” business model where company provides all infrastructure while tenants provide GPUs keeps company in the highest-margin stages of the value chain with the longest-lived, most-defensible assets
Building “Green from the Ground Up” to bypass scarce power and water resources while conventionally-designed data centers are rushing to complete costly retrofits due to power/water unavailability and community concerns over pollution
Proprietary SolarBlock microgrid solution enables clients to locate 5-10MW self-sustaining data centers that encompass solar power, battery storage and IT compute
Aetherion Campus: Largest solar-powered data center in the Americas. 10GW solar with 30GWh storage and 2GW IT compute.
Spaceport America: Collaboration with the New Mexico Spaceport Authority on Hyperscale Infrastructure
Adjacent to Google's S. Haskell data center and connectivity with Stargate (Haskell, TX)
Joint Venture with 5B Holdings to manufacture next-generation, east-west solar racking (Santa Teresa, NM)
East-West solar racking, fastened at ground level to eliminate shadowing and need for spacing between power-generating surfaces
Closed-Loop Cooling System: Cools like a radiator with natural outside air rather than by evaporative cooling. 99% of water is reused, unlike conventional data centers which use millions of gallons per day.
Atmospheric Water Generation: Draws water from the air, like an industrial-strength dehumidifier, at utility scale, even in arid desert conditions. Draws enough water to supply closed-loop cooling system.
SolarGrid: Modular 5-10MW self-sustaining solar-storage data center solution. Proprietary design that enables on-demand delivery to edge compute and other location-driven clients.
Meet the Team
-
Jason Bak
FOUNDER, CEO & DIRECTOR
• Lifelong renewables technology developer
• Developed $1B+ greenfield 360MW wind, sold to utilities/IPPs
• Testified before Congress and Senate on renewables policy
• Acquired solar cos. w/ 14,000 residential & commercial installs
• $3B AAA-backed offtakes; $850M financing arranged
• Applied Physicist
-
Christy Swearingen
CHIEF DEVELOPMENT OFFICER
• Chief of Staff, Oracle Real Estate & Data Center Ops.
• Manager, Amazon Global Real Estate Operations
• Led $11B+ acquisitions/permitting for 1.5GW+ DCs
• Director, Microsoft Data Center Real Estate
• VP, EdgeConnectX (global DC operator)
• Compliance, permitting, utility delivery, stakeholder mgmt
-
Marina Ondarza
DATA CENTERS
• Managed $12B of infrastructure projects globally
• Developed 700MW of data centers for Google
• Spearheaded market entry roadmap for hyperscale data center development in the Americas for Quantum Switch
-
Jake Millan
VP, DATA CENTERS
• Senior Project Development Manager, Tesla
• Deployed Tesla Renewable Energy solutions to NA market, including Megapack utility-scale battery
• 15+ years in the renewable energy industry
-
Oded Orgil, LL.B.
CHIEF OF STAFF
• Raised $10B+ in capital and cross-border M&A
• Founder/CEO, 5X Capital and I3 Capital, merchant banks providing capital and advisory
• Senior roles at HSBC, Canaccord Genuity, Gravitas Securities, Manulife
• LL.B., University of Western Ontario
-
Simon Lee
DATA CENTER ADVISOR
• 25+ yrs investing & building data infrastructure, energy, IT in USA, Europe, Asia, MENA
• GP, Sapience Capital Partners, Infotech Venture Partners, Baker Capital
• Equinix, Interxion, Centeris, Akamai, Sockeye, RiverOne, EM4, Totality, Perseus, Turin, IKIN, Netrolix, Fiber Sense
• Harvard Business School; University of Texas at Austin
-
Micah Sussman
VP, PROJECT FINANCE
• 10+ yrs, $500M+ solar dev, project finance, storage, microgrids, tax-credit structuring
• Microgrid + community solar/BESS in MA, CA, IL
• Woodlawn Associates (SolarCity, Sungevity, SunPower); leadership at Fellowship Energy (first DOE Tribal Loan Guarantee microgrid)
• PhD, Materials Engineering; McGill University
-
Ken Stadlin
VP, PROJECT DEVELOPMENT
• 15+ years of experience in solar development
• Founded Kenergy Solar; built leading position in Mid-Atlantic residential and commercial markets
• VP, Business Development at NEO LLC and New Columbia Solar
• Board positions at Solar Energy Industries Association and Solar Alliance Energy, Inc.
-
Becca Dickenson
DEVELOPMENT LEAD
• 11+ yrs multi-sector real estate and construction delivery
• Delivered $1.5B and 8+ MSF across data center, industrial, healthcare, hospitality, sports
• Owner, developer, GC and consulting roles spanning predevelopment through project ops
• B.S. Construction Engineering and Management
• LEED Green Associate
-
Jacob Rowe
VP, CORPORATE DEVELOPMENT
• Former VP BizDev/IR, ASP Isotopes (NASDAQ: ASPI)
• Founder/CIO, Rogue Funds Management
• Led hundreds of millions in capital raises; seeded 9-figure ventures
• Mech. Engineer on DoD H-53K and F-35 programs
• B.S. Economics & Mech. Eng., East Carolina University
-
Martin Nagel
VP, STRATEGIC RELATIONSHIPS
• 40 years in telecom
• Advised on ~1,000 data center land transactions
• Founder & CEO, PaceTel, one of the industry’s earliest Telecom Agents; scaled from voice & network services to dark fiber architecture and data center entrance facilities; clients included Dish Network and Iron Mountain
• B.S. Finance, University of Illinois
-
Zed Wang, CPA
CHIEF FINANCIAL OFFICER
• Led 20+ organizations through public listings and M&A
• Former CFO of a real estate investment firm focused on healthcare properties
• 11 years at a leading boutique accounting firm, national audit firms and public companies
• Chartered Professional Accountant
-
Brett Sutton
ADVISOR
• Former Chair, UBS Investment Bank (Australia) and Former Chair, CVC Australia
• Founder, Affinity Equity Partners (Australia); delivered billions in returns over 16 years
• Sutton Capital (family office)
• 29 years private equity, investment banking, advisory & direct investing
-
Jordan Hymowitz
ADVISOR
• Managing Member, Philadelphia Financial Mgmt — $500M SF hedge fund
• WSJ “Master Stock Picker” in 2000 and 2002
• 22 year track record in top 10% of all funds
• Prior: Montgomery Securities and Robertson Stephens
-
Mark Goodman
ADVISOR
• Former President, Dundee Corporation (a TSX-listed merchant bank)
• Deep experience scaling capital-intensive asset businesses
Water Out of Thin Air, Skywalker-Style (Part 2)
Part 1 showed dry-cooled, solar-powered desert data centers need only a trickle of water. Part 2 asks the harder questions: who actually ships atmospheric water generation hardware today, and what does it cost? Our founder Jason Bak names the vendors, the Nobel Prize behind the hype, the $270 million failure everyone should study, and where air-made water pays for itself.
Water Out of Thin Air, Skywalker-Style (Part 1)
The “moisture vaporators” Luke Skywalker’s family used on Tatooine are inching toward reality. Atmospheric water generators can now pull meaningful water from desert air, and with AI processors running hot enough for waterless cooling, that’s all the water a dry-cooled data center needs. Our founder Jason Bak walks through the numbers, the Nobel Prize behind the hype, and what’s shipping today
Microsoft Just Redesigned the Data Center. The Thirstiest Thing Is the Break Room.
Green Data’s founder Jason Bak breaks down Microsoft’s waterless cooling standard and what it means for water use in AI data centers: a sealed, radiator-style loop that cuts compute water to about two truckloads a year, leaving employee restrooms as the biggest consumer on site
Meta Wants to Beam Solar From Space. The Real Race Is Unfolding (Literally) on the Ground.
Meta is looking to space for solar power. But for data centers that need electricity sooner, the real race is on the ground: fitting more panels onto less land and building faster. Here’s why racking matters.
Introducing Green Data
We’re Green Data. We’re building data centers in New Mexico and Texas with solar power, battery storage and atmospheric water harvesting from day one. It’s how we believe responsible development can also make better business sense.
Green Data Community FAQ
Our 2GW Socorro campus will draw the water it needs from thin air. It burns no natural gas, and it will send solar power back to the grid. Bold claims? Absolutely. Our first community FAQ answers your questions on water, power and local jobs.