Young Waida is investing hundreds of millions of dollars in data centre power developer Cloverleaf
According to informed sources, the investment of Cloverleaf Infrastructure is under intensive negotiation and may be announced as early as Friday morning, with investments expected to amount to hundreds of millions of dollars. Cloverleaf was founded in 2024, when $300 million was raised from NGP and Sandbrook Capital, with the main operation being the signing of an electricity agreement with a utility company to provide land with reliable power to data centre developers. Over the past two years, over 7 GW electric power projects (including Oracle, OpenAI related sites in Wisconsin) have been sold to developers and currently over 10 GW in pipelines. This further consolidates the layout of the early development phase of the data centre, aimed at pre-positioning the computing capacity required for future chips. This week, Young Weida also entered the soft silver SB Energy (associated with OpenAi Leasing Park, Ohio) and earlier this year invested $2 billion in Lancium (associated with Abilin Park, Texas)。
