Development & program management

Behind the meter power for AI and data center campuses.

Core BTU develops energy campuses that generate their own power. We acquire land with natural gas access, integrate long-duration storage and on-site generation, and deliver a complete, self-sufficient power solution. From initial feasibility study through commissioning and lease-up, Core BTU manages every phase: engineering the system, structuring the agreements, securing the financing, and overseeing execution until the plant is operational and leased.

Role

Developer, structuring agent and program manager. Not a utility, not an equipment vendor.

System

Gas reciprocating generation paired with long duration storage, engineered and contracted as one plant.

Where

Rural and agricultural land in Texas and the central U.S., sited on gas supply rather than grid capacity.

The system

One plant. Generation for the base load, storage for the swings.

Islanded campus, single line Gas supply feeds on-site generation. Generation and long duration storage connect to a campus bus. The bus feeds three data halls. Grid export is drawn dashed as a later option. Supply Plant Campus bus Load Gas supplyon site or nearby pipeline On-site generationrecips, turbines or fuel cells Long duration storageabsorbs the load swings Grid export, a later option Data hall01 Data hall02 Data hall03 Islanded campus, single line Gas supply feeds on-site generation. Generation and long duration storage connect to a campus bus. The bus feeds three data halls. Grid export is drawn dashed as a later option. Supply Gas supplyon site or nearby pipeline Plant On-sitegenerationrecips, turbinesor fuel cells Long durationstorageabsorbs theload swings Campus bus Load Data hall01 Data hall02 Data hall03 Grid export, a later option
Fig. 1

Islanded campus, single line. Generation carries the base load; storage carries the swings; the campus bus never depends on the grid.

What we do

Six disciplines, run as one program at every campus.

A behind the meter campus fails when any one of these is handled by someone who does not own the others. Core BTU holds all six.

01

Site development

Raw and agricultural land taken to permitted, powered land: gas supply and fuel contracts, water, fiber, air permits and site control.

02

Energy system design

Islanded plants sized to AI load, with storage that protects chips and engines from load swings. Chemistry agnostic, domestic first.

03

Program structuring

One set of agreements used at every site, with separate site entities, so lenders see one program rather than bespoke deals.

04

Project financing

Feasibility to final investment decision and through construction: completion bonding, bridge liquidity and federal energy credits.

05

Program management

OEM, EPC and independent engineer coordination, plus asset management, reporting and compliance for every site entity.

06

Tenant and capital delivery

A powered shell under a triple net lease. The tenant pays one rent per kilowatt and never signs a power contract.

How it works

Power goes in first. The tenant follows.

Most developers wait for a credit tenant, then wait for the utility. We build the power first and bring the tenant into a site that is already live. A power ready site leases at a better rent than a promise.

  1. 01Site
  2. 02Design
  3. 03Finance
  4. 04Build
  5. 05Deliver
Final investment decision
Placed in service
Tenant lease
Fig. 2

The tenant lease is signed against a plant that is already in service, which is the reverse of the usual order.

  1. Stage 1

    Site

    Land with gas on or near it, water, fiber and a permit path.

  2. Stage 2

    Design

    Size the paired system to the campus and reserve factory slots.

  3. Stage 3

    Finance

    Feasibility package, bonding and bridge to final investment decision.

  4. Stage 4

    Build

    Construction, commissioning and certification to placed in service.

  5. Stage 5

    Deliver

    Lease the powered shell and manage the site for its term.

Why Core BTU

We compete on cost of capital and speed to power.

A cost of capital others cannot reach

Storage is owned through a tax exempt rural electric cooperative that collects federal energy credits in cash, not at a discount. That advantage flows into every megawatt and every rent.

A program that has already run

A fleet has been placed in service, the filings made and the refund received. Lenders underwrite a process that has produced cash.

Bankable by construction

Rated carriers bond delivery and installation, engines carry long term service agreements, and construction carries an EPC wrap and an independent engineer.

Gas and field power pedigree

Our people come from upstream oil and gas electrification, where power is built on site and reliability is measured in production.

Who we work with

Bring us a site, a tenant or a balance sheet.

AI and HPC operators

A powered shell at one rent per kilowatt, on a timeline the grid cannot match.

Data center developers

Power ready land and a power program you do not have to build yourself.

Landowners

Land with gas nearby, converted to powered land through ground rent, royalties or contribution.

Lenders and investors

Site entities with their own books and collateral, and one counterparty behind the package.

Contact

Talk to us about your next campus.

Emailcontact@corebtu.com