Build the bankable case
We identify sites, negotiate power and land, secure permits, complete engineering and contract offtake.
Approach
We don't stop at the concept. We finish the project.
Many AI infrastructure proposals are a site, a slide and a power promise. A Caldera project reaches investors with every agreement, approval and design it needs to close, so funders can commit capital rather than commission more studies.
The lifecycle
Development is our core business. Delivery and operation are available to funders who want continuity from the team that designed the project.
01 — Develop
02 — Fund
Reach financial close
We structure the investment and take it to equity and debt funders.
03 — Deliver
Optional: build to Day 1
We manage EPC delivery, commissioning and readiness until the AI factory is live.
04 — Operate
Optional: run the asset
We operate the asset company and the AI factory for an initial three to five years.
The development package.
What a funder receives at financial close.
| Workstream | Delivered |
|---|---|
| Site | Site selection and due diligence, geotechnical and environmental studies, long-term land lease |
| Power | Bankable power purchase agreement for renewable supply, grid connection, low-emission backup generation design |
| Permits | Environmental, planning, building and grid approvals |
| Engineering | Complete FEED packages, EPC design, civil-works scope and architecture, ready for sign-off |
| Commercial | Offtake model and contracted capacity across infrastructure, model-hosting and agentic layers |
| Investment | SPV structure, financial model and investment proposal |
A clean handover.
The way we exit is designed to leave funders in full control of the asset from the moment they invest.
- Novation to the SPVAt financial close, every contract (PPA, land lease, EPC, offtake) is novated to a special purpose vehicle owned by the equity funders.
- A development fee at closeWe are paid when the funding event happens. That aligns us with one outcome: a project that gets funded.
- Continuity on requestFunders can retain us to deliver the project to Day 1 and to operate it for its first three to five years.
For funders
See a project in development.
We share project details with qualified investors and lenders under NDA.