Texas-based company led by former Talen CFO
Investment firm EnCap has launched a new venture focused on providing land and power to data centers in the US.
Quantica Infrastructure, LLC, officially launched this week, focused on delivering shovel-ready sites integrating renewable energy, traditional grid power, and network connectivity.
Texas-based Quantica is backed by the Energy Transition arm of EnCap Investments LP (EnCap), an energy-focused growth capital firm
“Hyperscale and AI growth are demanding better solutions for power, land, and network connectivity,” says John Chesser, CEO and founder of Quantica Infrastructure. “Quantica unlocks new opportunities by delivering shovel-ready, network-ready sites with dedicated renewable energy and resilient power supplies, so our customers can focus on innovation, not infrastructure logistics.”
Chesser was previously CFO of Talen Energy, an energy firm that briefly moved into developing data centers before selling its debut project in Pennsylvania to Amazon. Prior to Talen, he was treasurer of TerraForm Power Inc., a renewables firm acquired by Brookfield.
“Quantica’s platform is the solution needed to break through current barriers to AI and digital infrastructure expansion,” said Jim Hughes, managing partner of EnCap.
“Quantica’s unique platform offers us the opportunity to deploy capital in all aspects of the digital infrastructure economy – renewable power generation, real estate, and network. We are excited about the company’s existing project pipeline as it rapidly scales with the tailwinds pushing the digital economy.”
Details of any planned campuses weren’t shared. The company said it aims to provide master-planned sites located close to clean energy (wind, solar, and battery storage) and grid interconnection points that also offer good fiber access.
Founded in 1988, EnCap Investments is a provider of growth capital to the US energy sector. The firm has raised 25 institutional investment funds totaling approximately $47 billion. The EnCap Energy Transition platform was founded in 2019, focused on investing in renewable energy and battery storage, it currently manages more than $2.7 billion across two funds.
