AIB Data Centers (AIB) Investor presentation summary

Platform and contracted capacity

• Develops 40–90 MW data centers for AI and HPC customers, securing contracted utility power before committing development capital.

• Contracted utility power totals ~120 MW across five named sites in four U.S. metro markets; CLT1 has 50 MW of contracted critical IT capacity.

• The model owns and operates buildings, power infrastructure and cooling; customers own and operate the servers and GPUs.

Market demand and power scarcity

• Third-party forecasts put global data center power demand at 82 GW in 2025 and ~220 GW by 2030, with ~70% of 2030 demand expected to be AI-related.

• Global data center electricity use is forecast at 945 TWh by 2030 versus 415 TWh in 2024; cumulative investment needs exceed $1.7T through 2030.

• Q1 2026 vacancy was 0.3% in Northern Virginia, 1.0% in Atlanta, 1.8% in Dallas–Fort Worth and 2.2% in Chicago; new grid connections average 4+ years.

• 88% of Dallas–Fort Worth capacity under construction was pre-leased; grid, equipment and permitting constraints vary by market.

Development model and execution

• The sequence is to secure power and site control, contract customer capacity, arrange project funding, build in phases and generate long-term contracted revenue.

• Utility agreements, customer prepayments, project-level debt and preferred equity are intended to fund development; phased construction can bring initial halls into service before full-site completion.

• In the 12 months to September 2026, milestones included the first utility agreement, ~120 MW of contracted utility power and the first long-term customer agreement.

• Two 25 MW CLT1 data halls were expected for delivery in Q4 2027; timing is estimated and depends on utility service, construction, procurement, permitting and financing.