CleanArc Data Centers Secures Major Investment to Enhance Sustainable Data Center Development

In a noteworthy development for the data center sector, CleanArc Data Centers has recently announced a substantial investment from Nuveen, the prestigious investment manager of TIAA. This strategic partnership not only marks a critical milestone in the journey of CleanArc but also highlights the increasing interest in sustainable infrastructure within the industry. By leveraging Nuveen's extensive financial resources and strategic capabilities, CleanArc is set to accelerate its growth and enhance its market presence.

With a portfolio exceeding $1.3 trillion in assets under management, Nuveen's support is poised to significantly bolster CleanArc's ambitious plans. The funding will be instrumental in propelling the development of CleanArc's flagship hyperscale data center campus located in Virginia, which is set to deliver a capacity of 300 MW by the first quarter of 2027. This state-of-the-art facility will feature two 300 MW transformers scheduled for installation in late 2026, marking one of the most substantial 2N power deliveries in the Virginia global data center cluster.

"The addition of Nuveen as an investment partner is a powerful endorsement of the leading-edge data center platform we're building," said James Trout, the Founder and CEO of CleanArc. His enthusiasm is echoed by the strategic vision of Nuveen, which has identified CleanArc as a definitive player in the evolving landscape of digital infrastructure. Trout emphasized that with the backing of influential partners like Nuveen, Snowhawk Partners, and the Townsend Group, CleanArc is determined to accelerate its mission to deliver the most sustainable and future-ready data centers in the industry.

As a significant investor in the Snowhawk partnership, Nuveen's involvement reflects a growing trend where investment managers are turning their attention toward digital infrastructure. This sector is expected to witness rapid expansion as demand for reliable, sustainable data center solutions continues to surge. Isela Bahena, Managing Director of Nuveen Infrastructure, expressed the firm's commitment to expand its footprint in this space, stating, "CleanArc stood out for its strong leadership, commercial traction, and commitment to sustainability."

The growth trajectory of CleanArc is buoyed by its distinctive approach towards meeting the energy demands of modern technology. Engaging in the digital transformation of the economy, CleanArc focuses on renewable energy solutions that are not only economically viable but also environmentally responsible. The expertise of the management team at CleanArc, combined with its innovative approach, positions it favorably in a market that is increasingly prioritizing sustainability.

Founded by industry veteran James Trout, CleanArc is carving out a niche in the renewable energy sector by merging cutting-edge data center operations with a strong commitment to renewable energy sources. The firm aims to create data centers that are both low-impact and efficient, designed for scalability while addressing the challenges posed by climate change. This strategic focus has attracted considerable interest from investors, leading to substantial funding that facilitates its pioneering projects.

The partnership between CleanArc and Nuveen exemplifies a broader commitment to advancing sustainable infrastructure that can meet future technological demands. By harnessing renewable energy, CleanArc is not merely keeping pace with industry changes; it is driving the conversation on sustainability in the data center space.

As the groundbreaking for the new data center campus is slated for the second quarter of 2025, all eyes will be on CleanArc. The trajectory of its growth, backed by strong investment and a clear mission, highlights a crucial shift in how data centers can operate within the framework of sustainability. As the demand for data processing and cloud services continues to escalate, CleanArc stands at the forefront, ready to redefine the standards of energy-efficient data management.

About Nuveen

Nuveen, the investment manager of TIAA, offers a range of outcome-oriented investment solutions aimed at meeting the long-term financial goals of both institutional and individual investors. With a strong emphasis on sustainability and a diversified investment portfolio, Nuveen remains dedicated to responsible investing practices worldwide.

About Snowhawk Partners

Founded in 2022, Snowhawk is a private investment firm focused on strategic investments that facilitate the digital transition across various sectors, including cloud and connectivity services. With a commitment to enhancing performance and creating enduring value, Snowhawk aligns closely with innovative companies like CleanArc.

About CleanArc

CleanArc is on the vanguard of innovating data center development and operations with a focus on sustainability. With extensive experience in both data management and energy provision, CleanArc aims to redefine how hyperscale data centers contribute to a greener future.