-

WiredRE Development Corp Launches Power & Real Estate Partnership (PREP) Program to Accelerate Data Center Site Acquisitions

SEATTLE--(BUSINESS WIRE)--WiredRE Development Corp (“WDC”), the sister company of Wired Real Estate Group, today announced the launch of its Power & Real Estate Partnership (PREP) Program to acquire and partner on power-ready land for the rapidly growing data center sector.

WiredRE launched the Power & Real Estate Partnership (PREP) Program to acquire and partner on power-ready land for the rapidly growing data center sector

Share

The PREP Program is designed to openly solicit offers from firms with land and power assets for either outright acquisition or partnership. By teaming with WDC, land and power owners gain:

  • Predictable and attractive outcomes typically within 18–24 months
  • Early cashflow, with WDC providing 100% of forward development costs
  • Higher margins and faster closings through a product positioned closer to occupancy
  • Sales horsepower via the WiredRE Platform, reaching 10,000+ global experts, end-users, and investor participants
  • Expanded opportunities through onsite power and service development
  • Reduced risk capital thanks to WDC’s internal EPC expertise and supply chain specialists

The initiative is anchored by the WiredRE team's proven track record, including the sale of a 1,000 MW powered land site to Google, the largest AI-powered land transaction in ERCOT history.

As part of this launch, Sean Stofer has joined WDC as Partner / Co-CEO. Sean brings more than 20 years of leadership in the energy sector, having developed over 1 GW of projects across solar, wind, hydro, and oil & gas. He has founded and directed multiple EPC and energy development companies, advised on government energy policy, and is recognized as an expert operator. His addition allows WDC to qualify sites and create actionable development plans in-house, significantly reducing third-party costs and accelerating execution.

“With the PREP Program, we’re aligning land and power owners with a proven platform to unlock value in months, not years,” said Everett Thompson, CEO of WDC. “By combining our capital, energy expertise, and our global end-user network, we are uniquely positioned to meet the surging demand for industrial-scale compute infrastructure.”

WDC is actively qualifying sites across North America with line of sight to power. Basic criteria include less than 6 cent power, 100 MW+ power availability, and expansibility via grid AND onsite generation. Interested land and power owners / developers are encouraged to contact WDC for partnership discussions.

About WiredRE Development Corp

WiredRE Development Corp (“WDC”) is a trusted provider of near-to-market powered land and alternative data center sites. Backed by decades of data center and energy infrastructure experience and bolstered by its 10,000-member WiredRE Expert Network, WDC delivers shovel-ready, power-dense sites at scale—bridging the gap between power, land, and institutional capital.

Contacts

Media Contact:
Jessica Mularczyk
Account Director
jessica@chapmancommunicationsgroup.com

WiredRE Development Corp


Release Versions

Contacts

Media Contact:
Jessica Mularczyk
Account Director
jessica@chapmancommunicationsgroup.com

More News From WiredRE Development Corp

WiredRE Development Corp Launches Occupier Partnership Program (OPP) to Accelerate Delivery of AI and Cloud Compute Capacity

LAS VEGAS--(BUSINESS WIRE)--WiredRE Development Corp (“WDC”) today announced the launch of its Occupier Partnership Program (OPP), a new initiative designed to directly engage with AI, cloud, and enterprise firms seeking to secure large-scale, power-ready data center capacity. Building on the success of WDC’s recently launched Power & Real Estate Partnership (PREP) Program, which sources land and power from existing owners, the OPP focuses on the other side of the equation — occupiers with...

WiredRE Leads One of the Largest Data Center Transactions of 2024

LAS VEGAS--(BUSINESS WIRE)--Wired Real Estate Group (WiredRE), an independent data center development firm focused on AI, today announced the successful private development and exit of a 1,000+ megawatt AI infrastructure site in the Dallas market—believed to be one of the largest non-nuclear AI-focused data center projects of 2024. The site, now under control by a global cloud service provider, was transformed from insolvency into a market-ready, power-enabled asset in less than 12 months. Wire...
Back to Newsroom