Deep Bench of Talent Empowers Systematic
Growth, Delivering New Levels of Agility, Creativity, and Precision
for Visionary Infrastructure Results in Breakthrough
Markets
MCLEAN,
Va., July 24, 2024 /PRNewswire/
-- PowerHouse Data Centers, a leading real estate partner for
next-generation hyperscale data centers and a division of American
Real Estate Partners (AREP), is proud to announce the strategic
additions of Matthew (Matt) Monaco
as Senior Vice President of Asset Management & Development and
William McCausland as Director of
Data Center Utilities to its industry-leading team of experts.
PowerHouse Data Centers Exceeds Pace of
Hyperscale Demand With New Hires in Development and Power Utility
Disciplines.
As a trusted provider of data center development strategy and
pioneer in powered core and shell solutions, PowerHouse has
continuously scaled its operations and expertise. This growth not
only surpasses the pace of execution and the standard of technical
excellence required by the world's most discerning clients but also
underscores PowerHouse's ability to anticipate tomorrow's market
requirements — and outpace its rate of change, delivering powerful
competitive advantages for advanced deployments.
"When this industry calls on you to provide the best, you
provide the best, which is why our hyperscale tenants trust us with
their critical infrastructure," comments Doug Fleit, CEO and Founder of PowerHouse and
AREP. "Matt and William bring exceptionally rich acquisition,
development, asset management, and power procurement experience to
the fore. Mirroring our customers' visionary natures with
Powerhouse's superior technical talent and strategy is our
priority. Meeting sophisticated hyperscaler demands requires
deftness and creativity, mastered by those who have seen it all,
accomplished it all, and speak the industry's language better than
anyone. That's the value our team continues to deliver."
Monaco, responsible for data center development strategy, from
site procurement and acquisitions to data center operator
partnerships, brings over 20 years of strategic management
expertise across telecom and digital infrastructure verticals,
including 10+ years in data center asset management, to the
PowerHouse team. Throughout his career, Monaco has worked in
critical international and domestic markets, most recently serving
as global head of asset management at Equinix, where he oversaw
rapid growth in an $8 billion
portfolio while maintaining ROIC (Return on Invested Capital) of
+26%. His development acumen offers critical prescience, enabling
efficient deployments with immediate power and connectivity with
the capacity to grow unimpeded to gigawatt scale. By leveraging
this experience, Monaco supports PowerHouse's extraordinary growth
strategy, identifying and developing the most advantageous sites to
help define the future of hyperscalers' and large operators' most
advanced use cases.
McCausland drives PowerHouse's power utility strategy,
leveraging over 15 years of experience, including leadership
positions at Virginia's Dominion
Energy, where he led electricity infrastructure design and business
partnerships on the company's Innovation Team and oversaw the
strategy, mobilization, and execution of its major Virginia-based data center projects. Having
developed his skills directly with a primary utility provider
offers PowerHouse customers access to strategic insider insights
and efficiencies for optimized power acquisition processes.
McCausland's understanding of power utilities and his power
procurement experience across key markets further amplifies
PowerHouse's ability to reliably source seamless power availability
capable of supporting aggressive new demands from operators and
hyperscale customers. McCausland's role is instrumental in
PowerHouse's ability to continue rapidly deploying new facilities
in key markets.
Monaco and McCausland exemplify the expanding bench of talent
driving the company's growth continuum. These new additions
strengthen carefully cultivated partnerships within PowerHouse's
robust ecosystem of partners (alongside hyperscale developers,
economic development leaders, architects, technical contractors,
and essential utility providers), continuing its dedication to
building advanced infrastructure with a new level of
performance.
Follow the latest news about PowerHouse Data Centers' new hires
on Linkedin here.
About PowerHouse Data Centers
PowerHouse Data Centers, a wholly owned division of American Real
Estate Partners (AREP), is a developer and owner of next-generation
data centers and provides technical real estate solutions for
hyperscalers nationwide. Starting in Northern Virginia's Data Center Alley, the
world's largest data center market, before strategically expanding
to key markets across the United
States, PowerHouse owns its land sites, offering
unparalleled fast-track approvals and zoning approvals in its full
suite of development services.
As an industry disruptor, PowerHouse provides flexible
next-generation data center models with the quickest speed to
market of any data center while meeting hyperscalers' growing
market, data, utility, and space demands. The company has 30
buildings currently in planning or underway, representing over 2.3
GW of power in six major US markets. Operating as the data center
division of AREP, PowerHouse is uniquely positioned as a leader in
world-class data center development. With some of the industry's
deepest real estate relationships, PowerHouse leverages its
strategic joint venture partnerships, proven leadership, and
best-in-class technical expertise to deliver innovative real estate
solutions nationwide. Visit our newsroom for more information, and
follow us on LinkedIn, YouTube, and X.
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SOURCE PowerHouse Data Centers