Business overview
Energy-first AI data centers, including a flagship Abilene, TX campus tied to Oracle and OpenAI.
Behind-the-meter power + AI compute is the elegant hedge against grid lead times; Abilene is the most visible 'AI mega-campus' under construction.
Products
- AI data centers
- GPU cloud
Customers (3)
- Oracle
- OpenAI consortium
- Enterprises
Composite score
Higher = stronger overall research case
Fundamental54
Technical50
Valuation60
AI relevance80
Risk-adjusted (higher = safer)33
Segment-relative fundamental percentile: 73
Financial summary
Curated, illustrative
Revenue
$400.00M
Growth (YoY)
250.0%
Gross margin
30.0%
Operating margin
-30.0%
FCF
$-140.00M
Capex
$2.40B
Net cash / (debt)
$0.00
ROIC
-30.0%
Customer conc.
Medium
Valuation
Market cap
$6.00B
Enterprise value
$6.00B
P/E (TTM)
—
Forward P/E
—
EV / Sales
—
EV / EBITDA
—
P / FCF
—
PEG
—
Rule of 40
—
Risks
Severity 1 (low) to 5 (severe)
- 5Capex absorption
- 4Customer concentration
Score components
What drove the composite
Growth100
Profitability20
Cash generation20
Balance sheet78
Moat / AI relevance88
Capital intensity (higher = lighter)20
Customer diversification60
Valuation discipline (dilution)42
Trend (MA50/MA200)50
Momentum (3/6/12m)50
Relative strength50
Realized vol (higher = lower vol)50
Segment peers
Other companies in Data centers