Teravolt originates, structures and facilitates AI-ready data centre capacity across Europe and selected emerging markets. We do the slow, jurisdiction-specific work that makes AI infrastructure investable — then deliver projects to buyers, tenants and capital partners on clean terms.
We map and score industrial brownfield sites with grid access across our target geographies. Each candidate goes through technical, regulatory and political diligence before we commit capital. Origination quality is the foundation — bad sites cannot be fixed by good capital.
We design and operate dedicated investment vehicles — direct Ready-to-build project purchase, Land Bank Fund, Deployment Fund, Site-Specific JVs — matching different stages and risk profiles.
Ready-to-build packages designed and originated to client specification. Optional EPCM, operations and exit support for clients who want a single party accountable from land to stabilised asset.
Our flagship sellable product. We deliver fully-prepared AI data centre projects up to the point where construction can begin on day one — land secured, grid capacity reserved, BTM energy strategy integrated, permits in place, long-lead equipment slots locked, anchor tenant committed, and project finance arranged. The buyer takes the package and proceeds to construction without complex and opaque origination cycle.
Standardised RTB. We originate and convert sites against our internal specification, then list completed packages for sale.
Build-to-Suit RTB. We originate to your specification — geography, scale, tenant profile, energy mix, target timeline. You commission, we deliver.
Commercial structures. Cash purchase at delivery, or conversion of price into equity stake in the project SPV — buyer's choice.
Continuity services. After RTB delivery, we can continue alongside the buyer through any combination of:
Each continuity service is priced separately. No bundled commitment — pick what helps you, decline the rest.
RTB pricing is project-specific and depends on jurisdiction, scale, energy configuration and timing. We do not publish standardised pricing — RFQ via the contact below.
If you operate AI compute and need power, cooling and a building — talk to us before you commit to three years of greenfield construction. We deliver shell-and-power across multiple deployment scales, with anchor pricing for early commitments.
Pilot deployments and corporate AI demand. Co-sell with system vendors, enterprise inference workloads, edge AI for latency-sensitive applications.
Our standard configuration. Built for next-gen AI density (130-160+ kW/rack, NVL72-class ready). Modular capacity for distributed inference, regional production AI, and mid-tier training. Designed for staged expansion and replication.
Single-site capacity for regional AI cloud operations, sovereign workloads, mid-scale training clusters. Phased build with capacity reservation framework.
Single-site campus deployment for foundation model training and large-scale AI clusters. Originated on build-to-suit basis with an anchor commitment in place.
Commercial framework: Standard contract structures include capacity reservation, take-or-pay leases, and built-in expansion rights. Anchor tenants get priority pricing and influence over site specifications during design phase.
Most institutional infrastructure capital cannot deploy directly into early-stage AI DC origination. The work is too local, too long, and too specialised for traditional fund underwriting. We bridge this gap with four ways to participate — different stages, different commitments, all built so non-specialist capital can access AI DC returns on clean terms.
Buy a ready-to-build project. Optional Teravolt accompaniment through construction, operation and exit. The simplest path to data centre ownership.
The most direct way to enter AI DC ownership: acquire a Teravolt RTB package and proceed to construction with or without our continued involvement.
RTB packages are sold on cash purchase, equity-in-SPV, or hybrid terms — buyer's choice. Project finance is pre-arranged (70% LTC senior debt), so the buyer funds only the equity portion at agreed milestones.
Once acquired, the project is yours. Teravolt's involvement is optional and contracted separately. Most buyers retain us through EPCM and operations because we know the site, suppliers and local context better than anyone else they could engage — but the choice is yours, and each service is priced standalone.
This is the path for industrial buyers, family offices, financial institutions and operating partners who want a single high-quality data centre asset rather than fund exposure across a portfolio.
Acquisition of industrial brownfield land with grid access. Repricing thesis. Multi-route exit.
The repricing thesis. Industrial brownfield land with grid access in our target geographies is fundamentally mispriced. The land trades at industrial valuations because the market has not yet identified its AI infrastructure use case. We acquire at industrial pricing, hold the land through the repricing window, and exit at infrastructure-stage valuations. The repricing between these two states is where the alpha sits — captured through structural patience rather than construction execution.
The Fund acquires industrial brownfield sites with existing grid connections across our target geographies. Sites are purchased at industrial valuations and held in a structured portfolio. Each site receives a basic origination pass — title, permits review, grid letter, technical screen — but does not undergo full RTB conversion within the Fund.
Exits are pursued through three parallel channels:
— Strategic sale to industrial buyers or data centre developers who value the grid-connected asset for their own pipeline
— Market sale at appreciated valuation once AI infrastructure positioning becomes legible to industrial real estate market
— Buy-out by Teravolt for sites we elect to convert through our Deployment Fund or Site-Specific JV — transferring the land at independently appraised market price
Portfolio of fully-built AI data centres. Build-to-sell strategy. Concentrated execution, infrastructure-stage exit.
The Fund acquires Ready-to-Build packages — either from Teravolt's Land Bank Fund at market-priced transfer, or originated to specification through dedicated work streams. Each project is then financed through project debt (70% LTC), constructed under integrated EPCM, stabilised through anchor tenant commissioning, and exited to strategic operators or infrastructure funds.
The Fund's portfolio is concentrated by design — typically 3–5 projects per vintage — to allow deep operational control through stabilisation. Each project is a discrete asset; failure of one does not contaminate others.
BTM energy infrastructure (solar + storage) is integrated as standard, improving stabilised EBITDA and exit multiple.
Direct co-investment in high-conviction sites. Deep partner involvement. Bespoke structures.
For opportunities that do not fit standard fund structures — typically very large campus deployments (100+ MW), strategic national projects, or partnerships with sovereign-aligned counterparties — we structure direct joint ventures with capital partners who want concentrated exposure and active involvement.
These structures are bespoke. Governance, economics, and exit terms are negotiated per deal. We typically retain origination and execution roles; partners contribute capital, anchor relationships, or specialised competencies.
Our highest-impact engagement is with third-party AI data centres that are still being designed or built — not yet operating. At this stage, decisions about power density, cooling architecture, BTM energy, and commercial positioning are still revisable, and the cost of changing them is a fraction of what it becomes after commissioning. We come in as a specialist partner to make these projects better — technically, commercially, and as investable assets.
Projects under design. Build-to-Suit and speculative AI DC builds at preliminary or detailed design stage. This is the most productive entry point — we can shape power architecture, cooling topology, BTM integration and anchor commercial framework from the start.
Projects under construction. AI DC builds where civils are in progress but white-space fit-out, cooling design or commercial framework can still be optimised. We assess what's done, what's salvageable, and what should be redesigned for next-generation density.
Operating colocation considering conversion. Existing colo or telecom DCs with available grid capacity considering repositioning into AI capacity. Engineering and commercial restructuring are both needed; we provide both.
Engagement structures range from short-form technical advisory to full operating partnership with capital alignment.
Beyond our four primary engagement channels, we work with a broader ecosystem of organisations whose contributions shape the projects we deliver. If you fit one of these profiles, talk to us directly.
You own an industrial site with grid access. We can acquire it for cash, structure a contribution into a project SPV with equity stake, or work as exclusive originator under an option agreement.
Transformer, switchgear, cooling, BESS or BTM equipment manufacturers. We pre-commit to long-lead slots and value direct relationships with vendors who guarantee delivery windows.
Banks, development finance institutions and project finance providers. Our standard structure is 70% LTC senior debt. We engage lenders who understand AI infrastructure underwriting.
Ministerial, municipal, sovereign-aligned and development agency counterparties. We design projects to align with national AI infrastructure strategies and qualify for available incentives.
AI compute platforms, cloud providers, system vendors, regional operators. We structure go-to-market arrangements, integration agreements and joint origination deals.
If your organisation contributes something distinctive to AI infrastructure delivery — expertise, geographic access, anchor relationships, capital structures we haven't catalogued — talk to us. We design partnerships around real complementarity.
We operate where political access, grid availability, regulatory environment and capital efficiency converge. We are selective by design — fewer geographies, deeper local infrastructure, real relationships with the people who matter in each one.
EU jurisdiction with NATO security framework. Grid availability in industrial brownfield inventory. 20–30% construction cost advantage over Western Europe. Active pipeline.
Strategic crossroads between Europe and Asia. Government support for AI infrastructure status. Abundant power resources. Active government engagements at ministerial level.
Hydro-powered baseload economics. Sovereign AI initiatives. Access to growing US compute near-shoring and Latin American demand. Early-stage opportunities under diligence.
Additional geographies considered on opportunistic basis. Engagement is conditional on political access, technical viability, and capital alignment.
Teravolt is led by senior partners with backgrounds in venture investing, infrastructure development, energy markets and government engagement across our target geographies.
We operate from London with execution teams on the ground in Bulgaria, Georgia, and selected partner jurisdictions.
We engage with multiple counterparty types. Pick the channel that matches your interest.
Strategic partnerships (landowners, suppliers, FIs, government): partners@teravolt.ai
General inquiries: contact@teravolt.ai
Initial discussions are routed through NDA-protected channels.
We respond to qualified inquiries within five business days.
