Prime Data Centers
Prime Data Centers is a private, founder-owned hyperscale data center developer operating 28 facilities across 13–14 campuses in North America and EMEA, delivering AI-ready, multi-megawatt campuses to hyperscalers and AI companies under long-term build-to-suit and powered-shell leases.
- Company typePrivate
- Founded2017
- HeadquartersSan Francisco, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Prime Data Centers does
Prime Data Centers is a privately held, majority founder-owned hyperscale data center developer and operator founded in 2017 in California and headquartered in Dallas, Texas. The company develops purpose-built, AI-ready campus-scale infrastructure across 13–14 campuses and 28 data centers in North America (Austin, Chicago, Dallas, Los Angeles, Phoenix, Sacramento, Silicon Valley) and EMEA (Frankfurt, Madrid, Esbjerg). Core technical capabilities center on multi-megawatt power delivery with campus-scale on-site substations, redundant power pathways and sub-second failover, advanced cooling (air, liquid/direct-to-chip, immersion, hybrid) supporting 100 kW+ per rack, and AI/HPC-ready design optimized for NVIDIA H100, A100, HGX B200 and emerging accelerators with NVLink/InfiniBand/Ethernet interconnects. Sustainability is a design pillar, with a design PUE of 1.33, near-zero site-level water usage effectiveness (0.005%), ENERGY STAR certification on Dallas and Sacramento facilities, and a 100% renewable electricity commitment by 2030.
The business model is enterprise field sales to hyperscale operators, AI companies, and large enterprises, generating recurring lease revenue through colocation, power capacity, and related infrastructure services. Prime offers three development models — Build-to-Suit, Powered Shell, and legacy retrofits — at scale tiers ranging from a single 3–12 MW data hall to a 100+ MW campus, supported by flexible deal structures including joint ventures and sale-leasebacks enabled by its private, founder-controlled status. Revenue is multi-year contracted and quote-based. The capital base is institutional and substantial: a $5 billion capital plan with Macquarie Capital (2021), a >$2 billion 2025 raise anchored by Snowhawk LP and Nuveen, and preferred equity from Grain Management into parent Data Realty Holding Corp. (April 2026), alongside Ares Management and Siemens Financial Services.
Prime Data Centers firmographics
Firmographics- Name
- Prime Data Centers
- Legal name
- Prime Data Centers, LLC
- Website
- https://primedatacenters.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Prime Data Centers is a private, founder-owned hyperscale data center developer operating 28 facilities across 13–14 campuses in North America and EMEA, delivering AI-ready, multi-megawatt campuses to hyperscalers and AI companies under long-term build-to-suit and powered-shell leases.
- Ownership category
- akta.pro rank
Prime Data Centers industry classification
Industry- Product category
- Hyperscale Data Center Services
- NAICS
- Computer Facilities Management Services (541513)
- SIC
- Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- HPC / AI-Optimized Data Center Facilities (HDABACAJ)
- akta.pro secondary industries
- Hyperscale Data Center Campuses (Build-to-Suit) (HDABACAC), Data Center Property Management (BPAJAGAK), Data Center Construction (New Build Shell/Core & Fit-Out) (IMAFAIAG)
Keywords
Where Prime Data Centers is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Prime Data Centers business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Data Center Leasing and Hosting: Long-term leasing of hyperscale and enterprise data center facilities. Revenue generated from colocation, power capacity, and related infrastructure services. Build-to-suit, powered shell, and full-service leasing models. All three initial Phoenix buildings pre-leased to leading hyperscaler.
- Custom Development Services: Flexible development models including Powered Shells for custom infrastructure, Build-to-Suit environments for rapid deployment, and strategic retrofits of legacy sites. Financial deal structures include joint ventures (JV) and sale-leaseback opportunities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Custom enterprise solutions based on requirements |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Prime Data Centers product offering
Product offeringCore offering
Prime Data Centers develops, leases, and operates hyperscale data center campuses for AI, high-performance computing, and cloud workloads. Its offerings span data hall (3-12 MW) to full campus (100+ MW) scale, delivered through Powered Shell, Build-to-Suit, and strategic retrofit development models with multi-year contracts. Facilities feature advanced cooling (air, liquid, hybrid, immersion) supporting 100kW+ per rack density for AI workloads, redundant multi-megawatt power infrastructure, and redundant pathway architecture.
Differentiator
Problem solved
Functional benefit
Products and services
- Hyperscale Data Center Leasing
- Build-to-Suit Data Centers
- Powered Shell Solutions
- Strategic Legacy Site Retrofits
Companies that use Prime Data Centers
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Prime Data Centers technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature4 records
Prime Data Centers partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered major, core and minor.
- Sacramento Municipal Utility District (SMUD)majorUtility provider for Sacramento campus. One of nation's largest community-owned electric utilities supporting reliable, low-carbon power delivery for large-scale data center operations.
- UGI Energy ServicesmajorNatural gas supply and land deal in Pennsylvania's northern tier. UGI selling property to Prime for gas-fueled electric generation facility. Prime's gas demand projected to exceed 100,000 dekatherms per day within 3-5 years. Planned investment exceeding $100 million.
- Brunswick Real EstatemajorLocal partner for Esbjerg, Denmark data center development. Nordic real estate investor working with Prime on the 550 MW campus project at Nordre Tovrupvej site.
- Municipality of EsbjergmajorSeller of land for Esbjerg campus and key local partner. Constructive dialogue and municipal support for the 550 MW data center development project.
- LambdacoreStrategic collaboration to deploy high-density NVIDIA AI infrastructure at LAX01. Lambda initially leasing 21 MW of power capacity for AI cloud services. Partnership combines Prime's data center design with Lambda's GPU-dense compute platform for superintelligence-scale workloads.
- Clune ConstructionmajorGeneral contractor for multiple Prime data center projects including Chicago ORD01-01 (72 MW, 384,210 sq ft), Los Angeles LAX01-01, and Sacramento SMF02. Relationship began in 2021. National full-service general contractor managing $2 billion+ in construction projects annually.
- Wells Fargo Innovation Incubator (IN2)minorPrime selected to IN2 as one of ten multi-sectoral organizations helping overcome demand-side market barriers and increase adoption of late-stage clean technologies. Funded by Wells Fargo Foundation and co-administered by NREL.
- Infrastructure Masons (iMasons)minorGlobal Partner-level membership. Executive advisory board participation by EVP Jonathan Gibbs. Collaboration on climate accord projects.
- Clean Energy Buyers AssociationminorPrime joined as member supporting clean energy procurement and sustainability initiatives.
Scale indicators14 records
Recent moves11 records
Expansion highlights6 records
Prime Data Centers competitors and assessment
Company assessmentDirect peers
- Compass Datacenters: U.S. hyperscale and enterprise data center provider majority-owned by Brookfield Infrastructure. Competes in similar build-to-suit and powered-shell hyperscale segments, with overlapping geographies including Phoenix and Dallas.
- Yondr Group: Hyperscale data center developer sold to Digital Bridge for $5.8B in 2023. Closely comparable in build-to-suit model, hyperscaler customer base, and international footprint — Prime's CLO Donncha Ó Tuama led this transaction.
- Aligned Data Centers: Hyperscale and enterprise operator known for proprietary liquid cooling and high-density AI infrastructure. Recently acquired by a BlackRock-led consortium for over $40B — directly comparable in AI-optimized build philosophy.
- EdgeConneX: Private global data center operator with hyperscale and edge presence across U.S., EMEA, and APAC markets. Competes for hyperscale and AI workloads with flexible build-to-suit and powered-shell offerings similar to Prime.
- Vantage Data Centers: Private hyperscale data center operator with multi-gigawatt campuses across North America and EMEA (including Frankfurt and Madrid). Most direct privately held comparable in scale, customer profile, and AI-ready build program.
- DataBank: U.S. data center operator owned by DigitalBridge providing enterprise colocation, hyperscale build-to-suit, and edge facilities. Overlaps with Prime on hyperscale customer focus and U.S. Tier 1 market presence.
- Stack Infrastructure: Hyperscale data center developer acquired by IPI Partners for $7B in 2024 with campuses across North America and EMEA. Comparable in build-to-suit model and target customer segment.
- CyrusOne: Hyperscale and enterprise data center operator owned by KKR and Global Infrastructure Partners with significant U.S. and European footprint. Competes head-to-head with Prime for hyperscale build-to-suit customers in power-constrained Tier 1 markets.
- Digital Realty Trust: Largest publicly traded global hyperscale and colocation operator with global footprint across the same Tier 1 markets Prime targets (Dallas, Phoenix, Frankfurt, Madrid). Competes directly for hyperscale build-to-suit leases and has recently pivoted toward AI-ready higher-density builds.
- Equinix: Global colocation and hyperscale interconnection operator with dense presence in U.S. and EMEA markets including Silicon Valley, Dallas, Frankfurt, and Madrid. Increasingly competing for hyperscale AI build-outs alongside its traditional retail colocation business.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Prime Data Centers social profiles
Digital presencePrime Data Centers financial estimates
Financial estimateRevenue estimate
Valuation estimate
Prime Data Centers leadership team
Management profileNumber of profiles
Profiles7 records
Prime Data Centers funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Prime Data Centers M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Prime Data Centers
What does Prime Data Centers do?
Prime Data Centers develops, leases, and operates hyperscale data center campuses for AI, high-performance computing, and cloud workloads. Its offerings span data hall (3-12 MW) to full campus (100+ MW) scale, delivered through Powered Shell, Build-to-Suit, and strategic retrofit development models with multi-year contracts. Facilities feature advanced cooling (air, liquid, hybrid, immersion) supporting 100kW+ per rack density for AI workloads, redundant multi-megawatt power infrastructure, and redundant pathway architecture.
Is Prime Data Centers a public or private company?
Prime Data Centers is a private company. It is classified as venture growth investor backed and is currently operating.
When was Prime Data Centers founded?
Prime Data Centers was founded in 2017. It employs 101 to 250 people.
Where is Prime Data Centers based?
Prime Data Centers is headquartered in San Francisco, United States, in the North America region.
How does Prime Data Centers make money?
Two revenue lines are on record. Data Center Leasing and Hosting is the primary driver. The others are custom Development Services.
Who are Prime Data Centers's main competitors?
Direct peers on record are Compass Datacenters, Yondr Group, Aligned Data Centers, EdgeConneX, Vantage Data Centers, DataBank, Stack Infrastructure, CyrusOne, Digital Realty Trust and Equinix.
Does Prime Data Centers have an API?
No public API is recorded for Prime Data Centers.
What industry is Prime Data Centers in?
Prime Data Centers's product category is Hyperscale Data Center Services. Its primary akta.pro industry code is HDABACAJ, HPC / AI-Optimized Data Center Facilities, with a secondary code of HDABACAC, Hyperscale Data Center Campuses (Build-to-Suit). Its NAICS code is 541513 and its SIC code is 7374.