Power. Land. Concrete. Steel.
A single hyperscale campus consumes the electricity of a mid-sized city. The constraints are physical: substations, transmission, transformers, water, and entitled land. Whyte Consolidated invests where those constraints translate directly into long-duration cash flows.
Four levers, applied with discipline.
Per RCLCO, stabilized datacenter assets currently trade at 4.25%–6.25% cap rates, with developers targeting stabilized leveraged IRRs of 12%–19%+ depending on risk profile. Leading operators target development IRRs of 15%+. Whyte Consolidated underwrites to those benchmarks; we do not project returns above them.
Site selection & power
We originate sites where power capacity, fiber, and entitlements exist or are credibly achievable. Grid-interconnection timelines of 3–7 years define the moat.
Development partnerships
Build-to-suit, joint-venture, and co-development structures with hyperscale and enterprise tenants. Pre-lease commitments anchor underwriting.
Operating discipline
Institutional-grade asset management, 99.999% uptime targets, transparent reporting, and ESG alignment with tenant procurement standards.
Capital structure
Aligned LP/GP terms, project-level debt with credit-aware sizing, and a development-and-hold approach that compounds value beyond initial stabilization.