This week, we’re highlighting a video featuring Graham Williams, President of Tract and Senior Managing Director at Tract Capital, on the evolving demands of data center development. Evergreen Ventures has invested with Tract Capital, reflecting the firm’s exposure to this rapidly expanding infrastructure theme. Williams discusses the durability of demand from cloud computing and AI, and the growing scarcity of land and power needed to support it.
The conversation also covers development’s expansion into new markets and an increasingly important factor for developers: earning community and political support for projects that require years of planning and heavy infrastructure investment. Williams argues that success comes not from simply finding a site with available power, but from coordinating generation, transmission, fiber, water, workforce, zoning, and community engagement — often years before construction begins.
With AI and cloud computing driving unprecedented demand for physical infrastructure, the interview offers a timely look at how developers and investors are thinking about the long runway required to bring the next generation of data centers online.
Watch the full video here: Data Center Power, Land, and Opposition
DISCLOSURE: Evergreen Ventures is the alternative investment division of Evergreen Gavekal. Select Evergreen Ventures alternative investment vehicles have invested in certain Tract Capital-sponsored funds. This example is provided for illustrative purposes only and is not representative of all investments held by the Evergreen Ventures alternative investment vehicles. The views and opinions expressed in the interview are those of Mark Bonner and Graham Williams, and do not necessarily reflect the views of Evergreen or its affiliates. This material has been prepared or is distributed solely for informational purposes only and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Any opinions, recommendations, and assumptions included in this presentation are based upon current market conditions, reflect our judgment as of the date of this presentation, and are subject to change. Past performance is no guarantee of future results. All investments involve risk including the loss of principal. All material presented is compiled from sources believed to be reliable, but accuracy cannot be guaranteed, and Evergreen makes no representation as to its accuracy or completeness. Securities highlighted or discussed in this communication are mentioned for illustrative purposes only and are not a recommendation for these securities. Evergreen actively manages client portfolios and securities discussed in this communication may or may not be held in such portfolios at any given time.