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Ratings for the physical buildout of AI

Entities

Compute Institute tracks 259 entities — owners, operators, developers, tenants, investors, lenders, utilities, contractors, and suppliers — holding 539 tracked roles across 187 AI data-center projects. Every role is backed by cited claims from named source documents on the E1 (strongest) – E5 (weakest) evidence ladder. Fermi America (Fermi Inc.) carries the largest tracked capacity exposure at 11,000 MW across 1 project. Evidenced committed capital across all tracked roles totals $211.3B.

259 entities
Ørsted
Other
1 1 — —
Westnetz
Utility
1 1 — —
Weitz Company
Other
1 1 — —
Walton EMC
Utility
1 1 — —
Walsh Construction
Other
1 1 — —
TPG Real Estate Partners
Investor
1 1 — —
TeraWulf
Other
1 1 — —
Tennessee Valley Authority
Utility
1 1 — —
Tenaga Nasional Berhad
Utility
1 1 — —
Telecom Argentina
Other
3 1 — —
Taiwan Semiconductor Manufacturing Company
Hardware Vendor
0 0 — —
Switch
Other
1 1 — —
Sumitomo Mitsui Banking Corporation
Other
1 1 — —
Suffolk Construction
Other
1 1 — —
Southwestern Electric Power Company
Utility
1 1 — —
SoftBank
Other
1 1 — —
Skybox Datacenters
Other
1 1 — —
SK Telecom
Other
1 1 — —
Silicon Ranch
Utility
1 1 — —
Serena Energy
Other
1 1 — —
Salt River Project (SRP)
Utility
2 2 — —
Rocky Mountain Power
Utility
1 1 — —
Rappahannock Electric Cooperative
Utility
1 1 — —
Quantum Loophole
Other
1 1 — —
QTS
Datacenter Operator
4 4 — —
Prologis Inc.
Other
1 1 — —
Prologis
Other
2 2 — —
PowerConneX
Utility
1 1 — —
Ohio Tax Credit Authority
Other
1 1 — —
Nucleoelectrica Argentina
Other
2 1 — —
NTT Global Data Centers
Other
1 1 — —
Nscale
Other
1 1 — —
NorthPoint Development
Other
1 1 — —
NextEra Energy
Utility
1 1 — —
National Grid Renewables
Utility
1 1 — —
MUFG Bank
Other
1 1 — —
Montauk Innovations LLC
Other
1 1 — —
Micron Technology, Inc.
Hardware Vendor
0 0 — —
Meta Platforms (Facebook)
Other
1 1 — —
Meta (Facebook)
Other
1 1 — —
Memphis Light, Gas and Water
Utility
1 1 — —
Marvell Technology, Inc.
Hardware Vendor
0 0 — —
Lerner Enterprises
Other
1 1 — —
KKR
Investor
1 1 — —
Kapitol
Other
1 1 — —
Iron Mountain
Other
2 2 — —
INVAP
Other
1 1 — —
Intersect Power
Utility
2 2 — —
Indiana Michigan Power
Utility
1 1 — —
Harrison Street
Investor
1 1 — —
Gray Construction
Other
1 1 — —
Google Ireland
Other
1 1 — —
GDS Holdings
Other
1 1 — —
GARBE.DC
Other
1 1 — —
Fortis Construction
Other
1 1 — —
EQT
Investor
1 1 — —
Energy Capital Partners
Other
1 1 — —
Empyrion Digital
Other
1 1 — —
EdgeConneX
Other
1 1 — —
du (Emirates Integrated Telecommunications Company)
Other
4 1 — $544M
DBT-Data
Investor
1 1 — —
CyrusOne
Other
3 3 — —
Crusoe Energy
Other
1 1 — —
CNEA (Comisión Nacional de Energía Atómica)
Government Body
1 1 — —
City of Mesa
Other
1 1 — —
CDC Data Centres
Other
1 1 — —
Catellus Development Corporation
Other
1 1 — —
Calpine Corporation
Utility
2 2 — —
Broadcom Inc.
Hardware Vendor
0 0 — —
Atmosphere Data Centers
Other
1 1 — —
Atlas Development
Other
1 1 — —
Apple
Other
1 1 — —
Appalachian Power
Utility
1 1 — —
Ames Construction
Other
1 1 — —
Amazon Data Services
Other
2 2 — —
AirTrunk
Other
4 4 — —
AGC Equity Partners
Investor
1 1 — —
1778 Rich Pike LLC
Other
1 1 — —
ARSAT (Empresa Argentina de Soluciones Satelitales)
Other
3 1 1 MW $17M
Stonepeak
Investor
1 1 9 MW —
Cirion Technologies
Datacenter Operator
2 1 9 MW —
Burr Computer Environments (BCEI)
Other
1 1 10 MW —
Equinix
Other
1 1 20 MW —
NTT Ltd.
Other
1 1 24 MW —
Clark Construction
Other
3 3 24 MW —
James L. Williams Middle East
Epc Contractor
1 1 30 MW —
SK Ecoplant
Other
1 1 36 MW —
Digital Edge
Other
1 1 36 MW —
John Sisk & Son
Other
1 1 52 MW —
Gas Networks Ireland
Utility
1 1 52 MW —
QTS Data Centers
Other
3 3 55 MW —
Duke Energy
Utility
2 2 60 MW —
Metrobloks
Other
1 1 72 MW —
NEXTDC
Other
3 3 80 MW —
Multiplex
Other
1 1 80 MW —
Wohlsen Construction
Other
1 1 100 MW —
Machine Investment Group
Other
1 1 100 MW —
Laing O'Rourke
Epc Contractor
1 1 100 MW —
Etihad Water and Electricity (EtihadWE)
Utility
1 1 100 MW —
El Paso Electric
Utility
2 1 100 MW —
Chirisa Technology Parks
Other
1 1 100 MW —
ByteDance
Other
1 1 110 MW —
Bridge Data Centres
Other
2 2 110 MW —
Natixis Corporate & Investment Banking
Other
1 1 120 MW —
Mizuho Bank, Ltd
Other
1 1 120 MW —
ING Capital LLC
Other
1 1 120 MW —
Evans General Contractors
Other
2 2 120 MW —
First Abu Dhabi Bank
Investor
2 2 130 MW —
DC BLOX
Other
3 3 130 MW —
Abu Dhabi Commercial Bank
Investor
2 2 130 MW $2.6B
Starwood Property Trust
Other
1 1 144 MW —
Layton Construction
Other
1 1 144 MW —
Security Land and Development
Other
1 1 150 MW —
Princeton Digital Group
Other
1 1 150 MW —
BGE
Utility
1 1 150 MW —
JE Dunn Construction
Other
1 1 152 MW —
Edged
Other
1 1 168 MW —
Arizona Public Service Company
Utility
1 1 176 MW —
AECOM Tishman
Other
1 1 192 MW —
STACKIT
Other
1 1 200 MW —
Schwarz Digits
Other
1 1 200 MW —
Max Bögl
Other
1 1 200 MW —
HITT Contracting
Other
5 5 206 MW —
Sundt Construction
Other
1 1 212 MW —
Compass Datacenters
Datacenter Operator
2 2 212 MW —
Quinbrook Infrastructure Partners
Investor
1 1 231 MW —
Potomac Edison
Utility
1 1 231 MW —
Jacobs
Other
1 1 245 MW —
Hut 8
Other
1 1 245 MW —
T5 Data Centers
Other
2 2 260 MW —
Georgia Power
Utility
5 5 288 MW —
Yondr Group
Other
1 1 300 MW —
Cleco
Utility
1 1 300 MW —
Applied Digital
Other
1 1 300 MW —
Khazna Data Centers
Datacenter Operator
6 3 330 MW —
KDC
Other
2 1 360 MW —
Dominion Virginia Power (Dominion Energy)
Utility
4 4 398 MW —
Hendricks Power Cooperative
Utility
1 1 400 MW —
Northern Virginia Electric Cooperative (NOVEC)
Utility
1 1 420 MW —
Novva Data Centers
Other
2 2 444 MW —
Yates Construction
Other
1 1 480 MW —
Salt River Project
Utility
1 1 496 MW —
Partners Group
Investor
1 1 496 MW —
Holder Construction
Other
3 3 496 MW —
EdgeCore Digital Infrastructure
Other
2 2 496 MW —
YTL Power International
Other
1 1 500 MW —
Sur Energy
Other
3 1 500 MW —
Government of Argentina (Consejo Nuclear Argentino)
Government Body
3 2 500 MW —
Rowan Digital Infrastructure
Other
4 4 531 MW —
Priority Power Management, LLC
Other
1 1 600 MW —
PPM Data LLC
Other
1 1 600 MW —
I Squared Capital
Investor
1 1 600 MW —
City of College Station
Other
1 1 600 MW —
Brandon Schwertner
Other
1 1 600 MW —
Nexus Data Centers
Other
1 1 612 MW —
AirJoule Technologies
Utility
1 1 612 MW —
DataBank
Other
3 3 792 MW —
Cologix
Other
1 1 800 MW —
Oncor
Utility
3 3 840 MW —
Whiting-Turner Contracting
Other
1 1 902 MW —
We Energies (WEC Energy Group)
Utility
4 2 902 MW —
Project Hummingbird LLC
Other
1 1 910 MW —
Peoples (Essential Utilities natural gas subsidiary)
Utility
1 1 910 MW —
International Electric Power (IEP)
Other
1 1 910 MW —
Essential Utilities
Utility
1 1 910 MW —
Amazon
Other
3 3 960 MW —
AEP Ohio
Utility
2 2 992 MW —
xAI
Ai Lab
4 2 1,000 MW —
Williams Companies
Utility
2 1 1,000 MW —
Valor Equity Partners
Investor
1 1 1,000 MW —
Solaris Energy Infrastructure
Utility
2 1 1,000 MW —
Related Digital
Datacenter Operator
2 1 1,000 MW —
Qatar Investment Authority
Sovereign Wealth Fund
1 1 1,000 MW —
PJM Interconnection
Utility
1 1 1,000 MW —
Mortenson
Other
4 4 1,000 MW —
DTE Energy
Utility
2 1 1,000 MW —
Doña Ana County
Government Body
1 1 1,000 MW —
Constellation Energy
Other
2 2 1,000 MW —
Cisco
Hardware Vendor
1 1 1,000 MW —
BorderPlex Digital Assets
Datacenter Operator
2 1 1,000 MW —
Blackstone
Investor
3 3 1,000 MW —
Bank of America
Investor
1 1 1,000 MW —
McCarthy Building Companies
Other
2 2 1,078 MW —
Primary Digital Infrastructure
Investor
1 1 1,200 MW —
Evolve Holdings
Other
1 1 1,200 MW —
Energy Transfer
Utility
1 1 1,200 MW —
CloudBurst Data Centers
Other
2 1 1,200 MW —
G42
Other
6 4 1,330 MW —
Pennsylvania Data Center Partners
Other
1 1 1,350 MW —
Microsoft
Hyperscaler
24 18 1,368 MW $26.3B
VoltaGrid
Utility
1 1 1,400 MW —
MUFG (Mitsubishi UFJ Financial Group)
Investor
1 1 1,400 MW —
INNIO (Jenbacher)
Hardware Vendor
1 1 1,400 MW —
DigitalBridge
Investor
1 1 1,400 MW —
STACK Infrastructure
Datacenter Operator
5 4 1,420 MW —
PPL Electric Utilities
Utility
2 2 1,450 MW —
Blue Energy
Utility
1 1 1,500 MW —
Silver Lake
Investor
3 3 1,530 MW —
Provident Data Centers
Other
1 1 1,800 MW —
American Real Estate Partners (AREP)
Other
1 1 1,800 MW —
Talen Energy
Utility
2 1 1,920 MW —
Tract
Other
2 2 2,000 MW —
RGV Property Group
Other
1 1 2,000 MW —
Poolside
Other
1 1 2,000 MW —
Occidental Petroleum
Utility
1 1 2,000 MW —
Morgan Stanley
Investor
1 1 2,000 MW —
Mitchell family (Longfellow Ranch)
Other
1 1 2,000 MW —
M. A. Mortenson
Other
1 1 2,000 MW —
IREN Limited
Other
2 1 2,000 MW —
Eneus Energy
Other
1 1 2,000 MW —
DPR Construction
Other
4 4 2,000 MW —
Blue Bonnet Electric Cooperative
Utility
1 1 2,000 MW —
BlackRock
Investor
1 1 2,000 MW $3B
CoreWeave
Other
3 2 2,100 MW —
MGX
Sovereign Wealth Fund
4 4 2,130 MW —
Walbridge
Other
2 2 2,200 MW —
Indiana Michigan Power (AEP)
Utility
2 1 2,200 MW —
Clayco
Other
1 1 2,200 MW —
Anthropic
Ai Lab
1 1 2,200 MW —
Annapurna Labs (Amazon)
Hardware Vendor
1 1 2,200 MW —
Angelo Iafrate
Other
1 1 2,200 MW —
Entergy Louisiana
Utility
3 2 2,245 MW —
Crusoe
Datacenter Operator
5 3 2,700 MW —
JPMorgan Chase
Investor
3 3 2,744 MW $7.1B
Google
Hyperscaler
27 21 2,945 MW $49B
TECfusions
Other
1 1 3,000 MW —
PIMCO
Investor
2 2 3,000 MW $18B
MSB Global Services, LLC
Other
1 1 3,000 MW —
City of Sulphur Springs
Other
1 1 3,000 MW —
PowerHouse Data Centers
Other
3 3 3,150 MW —
Nvidia
Hardware Vendor
5 5 3,200 MW $2B
Xcel Energy
Utility
4 4 3,240 MW —
Blue Owl Capital
Investor
3 3 3,300 MW $22B
Vantage Data Centers
Datacenter Operator
12 8 3,328 MW $15B
The Frontier Group of Companies
Other
2 1 3,600 MW —
ERCOT
Utility
2 2 3,800 MW —
Aligned Data Centers
Other
5 5 4,212 MW —
Meta
Hyperscaler
21 13 4,252 MW $11B
Knighthead Capital Management
Investor
1 1 4,400 MW —
Kiewit Power Constructors
Epc Contractor
2 1 4,400 MW —
Homer City Redevelopment
Other
2 1 4,400 MW —
EQT Corporation
Utility
1 1 4,400 MW —
Turner Construction
Epc Contractor
14 14 4,621 MW —
Ryan Companies
Other
3 2 4,900 MW —
Texas Commission on Environmental Quality (TCEQ)
Utility
1 1 5,000 MW —
Schneider Electric
Other
1 1 5,000 MW —
Pacifico Energy
Other
1 1 5,000 MW —
EDF
Utility
1 1 5,000 MW —
Oracle
Hyperscaler
6 6 5,102 MW —
Amazon Web Services
Hyperscaler
22 12 5,311 MW $53B
GE Vernova
Hardware Vendor
2 2 5,600 MW —
SB Energy
Other
3 2 6,200 MW —
SoftBank Group
Investor
4 3 7,200 MW —
OpenAI
Ai Lab
11 10 8,202 MW —
Undisclosed equipment financing providers
Investor
1 1 11,000 MW $885M
Texas Tech University System
Investor
1 1 11,000 MW —
Siemens Energy
Hardware Vendor
1 1 11,000 MW —
Public market investors (Nasdaq & LSE IPO)
Investor
1 1 11,000 MW $785M
Fermi America (Fermi Inc.)
Other
2 1 11,000 MW —

Tracked MW exposure counts each project once per entity, regardless of how many roles the entity holds on it; evidenced capital sums committed capital recorded against individual roles, each backed by a cited claim. Open any entity for its full portfolio with role-level detail and linked sources.