Townsend Group Announces Investment in CleanArc Data Centers
Strategic Investment in Partnership with Snowhawk Accelerates Company’s Hyperscale Development Plans
LAS VEGAS, April 16, 2025 /PRNewswire/ — CleanArc Data Centers (“CleanArc”), a developer and operator of renewables-focused hyperscale data center campuses, announced today that Townsend Group (“Townsend”), a leading advisor and partner to institutional investors globally, has made a strategic investment in the company. The investment was led by Townsend, who advises a consortium of global investors, including some of the largest sovereign and pension plans pursuing strategic stakes in leading investment and operating platforms. This new partnership further supports CleanArc’s growth initiatives as it continues developing its first data center campus in Virginia, set to deliver 300 MW of capacity by Q1 2027.
James Trout, Founder and CEO of CleanArc, said:
We’re excited to welcome Townsend as a strategic investment partner,
“Their capital markets expertise, institutional knowledge, and private real assets scale will be instrumental as we execute on our mission to develop the data centers of the future, particularly our inaugural campus in Virginia, VA1. Townsend brings a demonstrated track record of supporting transformative businesses throughout their growth journeys. And with Snowhawk’s ongoing investment leadership, we’re well-equipped to continue tackling the growing data center challenges faced by hyperscalers.”
Anthony Frammartino, CEO and Chairman, at Townsend, said:
CleanArc’s strong team of industry veterans and their shrewd approach to site selection, development and power structuring really sets them apart,
“We’re excited to support the company’s continued development of leading data center campuses across Tier 1 markets.”
Snowhawk LP will remain the majority stakeholder in CleanArc as the company continues to solidify partnerships with hyperscale customers and expand infrastructure in key markets.
Brian McMullen, Managing Partner and Co-Founder of Snowhawk Partners, said:
Snowhawk is delighted to partner with Townsend on this strategic investment in CleanArc, further accelerating innovation and the development of capacity to support the next generation of AI and cloud capabilities,
Greg Stamas, Managing Director at Snowhawk, added:
CleanArc continues to set new standards in future-focused data center development,
“In partnership with Townsend and our other investors, we are excited to support CleanArc’s continued leadership in sustainability and renewable energy use.”
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Townsend Group Announces Investment in CleanArc Data Centers, source
