Ridgewood-based Scale, a provider of advanced energy solutions, has acquired Reload, a platform that sites, designs, and permits gigawatt-scale data center campuses paired with rapidly deployable on-site power infrastructure.
The acquisition expands Scale’s growing data center business, adding Reload’s powered land development expertise, extensive grid-scale energy capabilities, and an advanced pipeline of data center campuses designed to provide access to power at scale.
The transaction builds on recent milestones for Scale, including a contract to provide a multi-hundred-megawatt on-site energy system for a leading hyperscale customer. With the financial backing of its equity partner, EQT, Scale is looking to deploy multi-gigawatts of power generation capacity to serve its growing customer base.
“We’re excited to partner with Scale, whose operational expertise combined with access to EQT’s long-term, forward-thinking capital and industrial insight will help us achieve a truly differentiated platform,” said Reload CEO Mike Grunow. “Together, we’re building a fully integrated solution spanning gigawatt-scale campus development and capital-efficient energy center design and operations, ultimately advancing the energy industry’s ability to serve its most critical customers.”
“Welcoming Reload’s talented team enhances our ability to provide integrated speed-to-power solutions for data centers,” said Ryan Goodman, CEO of Scale. “Over the past year we’ve been focused on expanding our data center capabilities and advancing major projects for hyperscale customers, and we’re excited to continue building these capabilities.”
Scale’s portfolio includes hundreds of operating and in-build energy projects that serve large commercial, industrial, and data center customers. Scale’s data center team is focused on delivering gigawatts of energy centers over the coming years for hyperscalers and data center operators, addressing the multi-year delays often associated with utility interconnection.
Scale is backed by EQT, a purpose-driven global investment organization and one of the largest owners of digital and energy infrastructure globally, providing access to capital to support the development, ownership and operation of gigawatts of on-site energy assets for both C&I and data center customers. Scale is a key component of EQT’s growing global portfolio of power, fiber and data center development companies, supported by long-term capital and deep operational expertise aimed at delivering the future-proofed digital and energy infrastructure solutions required to support next-generation AI workloads.
“The acquisition of Reload strengthens Scale’s ability to deliver power at the speed and scale required by the rapidly growing data center market,” said Jan Vesely, partner and head of EQT Transition Infrastructure. “By bringing together Reload’s campus development capabilities, Scale’s proven islanded power operating platform, and EQT’s deep expertise across energy, digital infrastructure and technology, we are supporting a more integrated approach to delivering power for next-generation digital infrastructure today.”
EQT was represented by Weil, Gotshal & Manges LLP, and Scale was represented by Womble Bond Dickinson LLP. Reload was advised by Expedition Infrastructure Partners and represented by Gibson, Dunn & Crutcher LLP.
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