Develop,
disrupt,
Democratize
WHO WE ARE
Blueprint Projects is a disruption focused developer of high-performance-compute ready (AI, etc.) Data Centers in the US.
We are Net
Zero 2030.
Our past experience enables us to tackle the sector inefficiencies like minimal innovation, project delays and budget overruns.
OPPORTUNITY
Raising $50Mn USD Equity for a 10MW Tier III Data Center (AI Ready). . This Diversification Asset is
often
Exclusive to
Institutional Investors.
Strong risk management to de-risk project for investors.
17-20% IRR
20%+ post Tax &
Tech Efficiency
27%+ if exit @ recent
industry multiples
3x +
over 7 years
3.5x + post Tax & Tech Efficiency
8-12%
Annual Cash
Coupon on Equity
10%+ post Tax Efficiency
Opportunity
Raising $50Mn USD Equity for a 10MW Tier III Data Center. This Diversification Asset is
often
Exclusive to
Institutional Investors.
Strong risk management to de-risk project for investors.
17-20% IRR
20%+ post Tax &
Tech Efficiency
27%+ if exit @ recent
industry multiples
3x +
over 7 years
3.5x + post Tax & Tech Efficiency
8-12%
Annual Cash
Coupon on Equity
10%+ post Tax Efficiency
data centre market
Volume of Data Created Globally (e.g. Cloud, AI, 5G, Big Data)
CAGR
Growth of Global Cloud Spend from 2020 to 2022 ($200bn)
Very Small Overall Vacancy in Data Center US Market (Backbone of Tech Sector)
Volume of Data Created Globally (e.g. Cloud, AI, 5G, Big Data)
Years
Global Data Center Construction Spend (Not Enough Development - Users Need More Optimized Data Centers)
Billion
Data Center Market Construction Spend Growth CAGR 2022-30
massive opportunity gap
Amazon’s most profitable segment is AWS (Cloud). It leases more than it owns (similar for other big players).
Our Data Center Project
Post construction, raising a fund for 3-4 swift to develop (~1 yr Goal) $300mn Data Center projects
TIMELINE + EQUITY USE ($50Mn USD – SPLIT ACROSS MULTIPLE TRANCHES)
Purchase Land
~ Jan ‘24
Design
~ Jul ‘24
Project costs de-risked
Procurement
&
Construction
~ Dec ‘25
Raise ~$40Mn USD Debt
Start
Operations
~ Dec ‘25
Revenue and Cash Coupon starts
(Conservative timeline)
Sell Asset
@17-20% IRR
~ Dec ‘32
- Developing a 10MW Data Center near Austin due to its pro Data Center government. We are in the process of acquiring land (~3 months) with land identified. (Option extra land for a 10-20MW expansion)
- Target of $9Mn / MW or lower build cost. ($90Mn total cost)
- Project costs to be de-risked by pre-leasing >40% of the asset to an operator for ~10+ years, early in the design stage (before construction).
- Most Data Centers are not equipped for the current AI, Autonomous Driving, VR, etc. boom – Our Data Center will be!
- Net 0 2030: One of our advisors also advises 2 geothermal companies doing projects for key US Data Centers.
industry challenges
Minimal Innovation
Project Development is often slow in adopting new technologies.
The industry is incentivized to follow a cookie-cutter approach.
Thus, significant optimization in cost and schedule, are rare.
Flawed Execution
Value erosion is caused by high project leverage, inaccurate budgeting, poor planning and slow decision-making.
Why we are different
COST REDUCTION & FURTHER ENHANCED RETURNS VIA TECH
Unlike most, we are unlocking untouched value by leveraging identified big data, machine learning and energy efficiency technologies in the development process.
This will create a 10-20% cost advantage.
ON-TIME + IN-BUDGET PROVEN PROJECT DELIVERY
Our Team has consistently beaten the industry norm by executing complex $1Bn+-$100Mn Projects on schedule & under budget as a Developer, Data Center Operator, Consultant, Contractor and Investment Banker.
This rare experience enables us to make optimal decisions and resolve project challenges, where each additional day of ambiguity increases costs & schedule.
50% OR LOWER LEVERAGE vs INDUSTRY AVERAGE OF 65-80%
Targeting projects that do not require greater than 50% leverage.
High interest payments compel most to make poor execution decisions.
TRANSPARENCY IN PROJECT DEVELOPMENT
Investors continually vet our progress and identify any issues early on; e.g. live video, monthly reports & industry leading advisors’ reviews on execution.
We will be Net 0 by 2030.
BLUEPRINT PROJECTS ADVISORS
OUR ESG CENTERED COMMITMENTS
There is a limited supply of ESG & Net Zero Focused Data Centers – We will achieve a premium lease rate and fill in a gaping need.
Our energy background allows us to make this a reality and successfully execute our project with being future ready. We meet the committed 17-20% IRR whilst positively impacting the community - True Impact Investing
senior management
Yaerid Jacob
Founder & CEO
Yaerid has executed a number of $100Mn to $1Bn+ real estate & complex energy projects as a developer, consultant, contractor & investment banker - typically a rare combination.
Samarth Maira
CCO
Samarth has served in multiple leadership roles in both enterprise and unicorn tech start-ups, specializing in commercial strategies and execution at scale.
Jim Reinhart
Director – Project Development & Strategic Operations
Jim has held multiple leadership positions such as the former COO of QTS (Sold to Blackstone for ~$10Bn), CEO of Ygerene Energy Fund, Chairman of NOW Corp and CPO at Capital One.
Jake Ring
Director – Project Development & Design
Jake is the founder of Power and Data Management, LLC, specializing in building major modular Data Centers. He was previously the (co)founder of GIGA Data Centers & DC Blox.
Nicholas Salimbene
Director – Business & Project Development
Nick was the founder and developer of Iron Mountains’ large Data Center business. He was previously the SVP at Anacomp, leading their North American Sales & Operations groups.
Our Team has ~1 GW of Data Center Experience & >$50Bn in Project Execution Experience!
OUR KEY PAST PROJECT EXPERIENCES
Role
President of Triune Global Solutions (TGS). TGS is developing a IGBC Gold precertified 1.2+ mn sq ft IT Park.
Project Size Post Completion
$100m+ USD
Dates in role:
2020-’22
Key Accomplishment:
23% IRR (w.o. REIT Structure)
Outperformed all commercial developments
1mn sq ft in Delhi NCR by being under
budget and on schedule (Covid).
Role
Project Manager on Global FPSO Topsides Design Competition for BW Offshore on Santos' Barossa (Australia) Development.
Project Size Post Completion incl. O&M:
$4.6bn+ USD
Dates in role:
2020
Key Accomplishment(s):
The design was significantly more optimized for Capex & Opex, which resulted in BW Offshore winning the design competition and being awarded the overall $4.6bn contract (Covid). 160MW offshore captive power production - Largest globally!
Role
Project Engineering Lead for $3bn USD Inlet Facilities Area. Project Engineer for $4bn USD Cryogenic Area.
Project Size Post Completion
$35bn+ USD (Wheatstone LNG2 EPC - Australia)
Dates in role:
2013-’15
Key Accomplishment:
Youngest Lead in Bechtel Completed design engineering for Cryogenic and Inlet Facilities Area ($7bn Total) Design changes and innovative solutions ensured the company potential losses of $150 Million and schedule delay.