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  • Writer's pictureThe San Juan Daily Star

New Fortress enters data center development sector



Wes Edens, CEO & founder of Klondike Digital Infrastructure and New Fortress Energy chairman & CEO (newfortressenergy.com)

By The Star Staff


New Fortress Energy Inc. (NFE), the parent company of Genera PR, the private operator of the Puerto Rico Electric Power Authority’s legacy power plants, has entered into the data center sector.


The company has announced the launch of Klondike Digital Infrastructure, a power and data center development business dedicated to working with hyperscale clients to build and operate data centers. The venture comes in response to a significant need for turnkey digital infrastructure to support the next stage of explosive growth in artificial intelligence (AI).


Klondike is revolutionizing the industry by utilizing behind-the-meter, on-site power, NFE said. The innovative approach addresses all major constraints of digital infrastructure development, providing grid stability, significant transmission capacity, power reliability, energy cost savings and scalability.


“Power and infrastructure are the bottleneck of the AI race,” said Wes Edens, CEO & founder of Klondike and NFE chairman & CEO. “With the rapid development of AI and the accompanying explosive growth in power demand, we are building larger-scale data center solutions to accommodate the needs of our hyperscale clients. And because we produce our own power, we can provide certainty to our customers more quickly than our competitors.”


Artificial intelligence has the potential to overstress the existing power grid and utilities, leading to higher electricity costs for consumers and potential grid instability. Klondike is focused on independent power sources that utilize behind-the-meter power, an approach that not only reduces the demand for power from the grid but also contributes power back to it.


Klondike is currently developing a geographically diverse portfolio of data center sites to satisfy the requirements of hyperscale users. The company has more than 1,000 acres of developable land across sites in Brazil, Ireland and the United States. The locations have large existing power plants or permits in process to build several gigawatts of power, connectivity to fiber networks, and access to transmission and water.

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