Takanock targeting 2 million sq ft development in Shenandoah County, Virginia
DigitalBridge and energy investor ArcLight Capital have invested in a new dispatchable power firm targeting data centers.
Takanock, which describes itself as a provider of digital and power infrastructure solutions, this week announced new capital commitments totaling $500 million from ArcLight and DigitalBridge.
Quietly formed in 2023, Takanock is led by Kenneth Davies, founder of Google Energy and later head of Microsoft’s renewable strategy globally. He is also co-founder of Birch Infrastructure and its Rowan unit.
The company aims to address the power shortages in core markets by providing flexible on-site power solutions able to serve as primary power until the completion of a substation and a wholesale grid resource thereafter.
Takanock said it has assembled a portfolio of sites across the US, and is currently in the process of “executing digital power deployment under long-term contracts at late-stage projects” in Northern Virginia and Phoenix.
Though further details weren’t shared in the release, the company is developing a two million sq ft (185,806 sqm) campus in Strasburg, Shenandoah County, Virginia. The company is looking to develop two-story buildings on an 87-acre site along Borden Mowery Drive.
The development, which surfaced in March, is known as Project Tallmadge. Takanock began early planning and site-related activities in 2024; according to the county, construction is potentially starting in late 2027 and concluding around 2030.
On a dedicated Project Tallmadge page, Takanock has four active sites in development across three states. The company claims 1,600+ acres under control, with 2.8GW+ of planned IT capacity and 5.3GW+ of power generation capacity.
"To meet the increasingly compute-intensive needs of hyperscalers and large-scale data center operators, it's essential to combine expertise from both the energy and digital sectors," said Kenneth Davies, founder and CEO of Takanock.
"What makes this partnership so significant is our ability to deliver integrated solutions, accelerating time to power for new data center deployment while strengthening grid reserve margins and flexibility.”
On its website, Takanock said its patent-pending utility yard configuration “utilizes proven technologies to integrate purpose-built natural gas generation” into its data center design. Once shovel-ready, Takanock said it will sell these sites to data center operators.
Davies continued: “ArcLight and DigitalBridge bring tangible operational capabilities and industry connectivity that will help us operationalize digital power solutions in premier Tier I data center markets where existing constraints are most acute."
DigitalBridge is a major digital infrastructure investor. Its data center investments include Vantage, DataBank, Switch, and Yondr, alongside multiple fiber and tower companies.
“Access to reliable power is the cornerstone for scaling the data center industry,” said Jon Mauck, senior managing director and head of data centers at DigitalBridge. “The Takanock team has a demonstrated ability to deliver innovative commercial structures that bridge the gap between the power and data infrastructure sectors, enabling scalable, long-term solutions for both power and land development.”
Founded in 2001, ArcLight is an infrastructure investor that has owned, controlled, or operated more than ~65GW of assets and 47,000 miles of electric and gas transmission and storage infrastructure.
"As the cost and availability of grid-served power grows increasingly uncertain, the data center industry needs new power-infrastructure solutions tailored to accelerate time to power and to deliver on the prerogatives of reliability, sustainability, and affordability," said Jake Erhard, partner at ArcLight.
"In a complex market that needs actionable solutions, we see Takanock's team and strategy as compelling and differentiated."
Vinson & Elkins represented Takanock in the deal.
