Energy Infrastructure · Built for Intelligence

Power for the intelligence era.

Stratum develops the gas-fired generation platform that underwrites the next wave of hyperscale compute and industrial growth — from the natural gas pipeline to the GPU.

3+GW
Under Active Development
5USA
Regional Development Zones
1ME
Middle East Asset
Scroll
// 01
Our Philosophy

From Natural Gas Pipeline to GPU.

Stratum is a vertically integrated energy development platform building the gas-fired generation portfolio behind the intelligence economy. Our mandate is singular and full-stack: we own every megawatt from the gas pipeline to the chip — upstream fuel, firm generation, high-voltage switchyards, substations, medium-voltage distribution, and the feeders that deliver power directly into the data hall.

We were founded by operators who have developed, financed, permitted, and commissioned large generation assets across the United States. The platform originated inside Pennsylvania Data Center Partners, where the need for a developer who could underwrite the entire power stack — not just a piece of it — became impossible to ignore. Stratum is that developer.

Stratum is the exclusive power infrastructure source for Pennsylvania Data Center Partners and PowerHouse Data Centers — two of the most active hyperscale campus developers in the Mid-Atlantic. Every megawatt behind their flagship sites originates, integrates, and energizes through the Stratum platform. That commercial relationship gives us a committed development pipeline measured in gigawatts and anchors our portfolio against one of the deepest hyperscale demand pools in the United States.

Most energy developers stop at the fence line. Most data center operators start at the substation. That seam is where projects slip — schedules miss, costs overrun, reliability gets compromised. We close it. Every Stratum site is designed, built, and operated as one integrated asset, delivered on a single schedule, to a single standard of reliability and resilience.

Gas-fired generation is our thesis because it is the only technology that can meet AI's load profile today — firm, dispatchable, scalable, and deliverable on the timeline hyperscalers actually operate on. Our fleet is built around proven aeroderivative and industrial-frame turbines, and every site is engineered for long-duration performance under the real-world duty cycles that define hyperscale compute.

  • Natural Gas Pipeline Firm transport · upstream
  • Generation Aeroderivative · simple & combined
  • Switchyard HV · GIS · interconnection
  • Substation Step-down · protection
  • MV Distribution Ring bus · redundant feeds
  • Data Hall Critical load · N+1
  • GPU Delivered power · utilized
Gas-fired power generation facility
The Source · 01

Gas-fired generation, engineered at scale.

Aeroderivative and industrial-frame turbines. Firm, dispatchable, efficient. Built for the duty cycles of modern AI and industrial loads — not the intermittency of the grid they augment.

Advanced hyperscale data center
The Load · 02

Hyperscale compute, powered to spec.

Delivered behind the meter or through the grid, our generation feeds the data halls where the intelligence economy is actually built. Reliability is not a feature — it is the product.

Gas Pipeline ←→ GPU
// 02
The Platform

A vertically integrated development engine.

Stratum operates as a single platform across three disciplines — land and interconnection, engineering and construction, and commercial delivery. Each phase de-risks the next, and every megawatt is built to a shared standard of reliability and resilience.

// ORIGINATE

Originate

We secure strategic sites with grid proximity, firm fuel access, and route-diverse fiber. Every parcel is underwritten for speed-to-energize and community fit before capital is committed.

// INTEGRATE

Integrate

From gas interconnect to MV distribution, Stratum delivers a single, engineered platform. Indoor GIS switchgear, hardened perimeters, and full-stack controls set the standard for modern, secure generation.

// MONETIZE

Monetize

Firm, dispatchable capacity is delivered behind-the-meter to hyperscalers and industrials, or into the wholesale grid. Long-duration contracts anchor returns; optionality captures the upside.

// 03
Where We Build

A portfolio that spans the country.

Pennsylvania Digital 1 (PAX-1) — hyperscale data center campus rendering
Flagship · PAX-1
Under Construction

Pennsylvania Digital 1 · Carlisle, PA

The flagship of the Stratum platform — the power infrastructure behind Pennsylvania Digital 1 (PAX-1), a three-campus, 700-acre, 4M+ square foot hyperscale development in Middlesex Township, Cumberland County. PAX-1 delivers 1.35 GW of utility capacity with a direct path to 1.8 GW, anchored by a planned PPL 500 kV–to–138 kV switching station feeding three dedicated 450 MW substations. Built as a grid-interconnected project — no behind-the-meter generation — with phased delivery beginning Q2 2027.

Capacity
1.35 GW → 1.8 GW
Interconnection
PJM · Grid · PPL 500/138 kV
Partner
PowerHouse Data Centers
First Power
Q2 2027 · 450 MW
Danbury Technology Campus — rendering of the integrated power and data center site in Connecticut
Project · Danbury
Fully Permitted

Danbury Technology Campus · Connecticut

A fully permitted integrated site in Danbury's IL-40 industrial zone — 230 MW of gas-fired generation coupled with three purpose-built data center buildings on a single campus. The site delivers firm, dispatchable power behind the meter into one of the tightest capacity markets in the United States, serving hyperscale and industrial loads across the ISO-NE footprint. Permits secured, NOx ERCs procured, interconnection coordinated — ready to move to construction.

Capacity
230 MW · Gas-fired
Data Centers
3 purpose-built buildings
Market
ISO-NE · Connecticut
Status
Fully Permitted · Shovel-Ready
Regional Coverage

Beyond our flagship sites, Stratum is originating and integrating generation assets across four US regional markets and one strategic international asset.

  • R-01
    Mid-Atlantic
    PJM Interconnection
    Active Dev.
  • R-02
    Northeast
    ISO-NE · Connecticut
    Permitted
  • R-03
    South Central
    ERCOT
    Active Dev.
  • R-04
    Southeast
    SERC · TVA / Southern
    Origination
  • R-05
    Midwest
    MISO
    Origination
  • INT-01
    Middle East
    Integrated Campus Asset
    International
// 04
Community Impact

Infrastructure that lifts the communities it enters.

Every Stratum site is built around a simple commitment: the towns and counties that host our generation should measurably benefit. Lower energy costs for neighbors, a stronger local tax base, and upgraded core infrastructure are outcomes we design for on day one.

Lower Regional Energy Costs

Adding firm, efficient, domestic generation to tight grids does what economics predicts — it compresses wholesale prices and stabilizes bills for the households and businesses that share the same interconnection.

// 01 · RATEPAYERS

A Stronger Local Tax Base

Capital-intensive generation assets are among the most valuable taxable property a county can host. That revenue funds schools, roads, emergency services, and libraries — for decades, with no corresponding draw.

// 02 · MUNICIPAL

Core Infrastructure Upgrades

Stratum sites trigger upgrades to transmission lines, gas pipelines, fiber routes, water service, and local roads. Those improvements stay long after construction ends — the permanent inheritance of the region.

// 03 · INFRASTRUCTURE

Skilled Jobs & Workforce Investment

Hundreds of union trades on the build, dozens of permanent operations and maintenance roles for the life of the plant, plus apprenticeship pipelines built in partnership with local community colleges and trade unions.

// 04 · WORKFORCE

Grid Resilience & Reliability

Dispatchable gas-fired capacity is the backbone the modern grid depends on — especially during extreme cold, heat events, and peak load. Our assets reinforce regional reliability precisely when it matters most.

// 05 · RELIABILITY

Education & Community Investment

STEM scholarships, apprenticeship programs, first-responder training grants, and direct community benefit agreements. The value of hosting a Stratum site is not a one-time payment — it is a generational partnership.

// 06 · COMMUNITY
// 05
Security-First Design

Indoor GIS. Hardened by default.

Indoor gas-insulated switchgear installation
Indoor GIS · 145 kV · ABB
Critical infrastructure protected like it's critical.
Spec · SF₆-insulated
Envelope · Hardened building
Threat model · Multi-vector
Indoor GIS substation bay with access platform

Generation security is site security.

A substation is the most targeted asset on any grid-connected campus. Stratum engineers every switchyard indoors, using SF₆-insulated gas switchgear inside hardened buildings — protecting against weather, physical intrusion, small-aerial-vehicle threats, and electromagnetic events alike.

The footprint is a fraction of an air-insulated yard, service access is climate-controlled year-round, and availability targets are met because the equipment is not exposed. Security-first design is not an upgrade at Stratum — it is the baseline.

Voltage Class
Up to 345 kV GIS
Envelope
Hardened steel building
Threat Coverage
Ballistic · UAS · EMP-aware
Redundancy
N+1 bus, dual feed

Three layers. One standard.

We think about security the way modern defense organizations do — in depth, across disciplines, integrated at the design stage. Every Stratum facility meets the same standard in three dimensions: physical, cyber, and operational.

// LAYER 01

Physical Security

Anti-ram perimeters, hardened building envelopes, and setback distances engineered against ballistic and blast threats. Every entry is credentialed and logged.

  • K-rated anti-vehicle barriers
  • Ballistic-rated walls at critical assets
  • UAS detection & mitigation
  • 24/7 monitored CCTV & thermal
  • Multi-factor access control
// LAYER 02

Cyber & OT Security

Air-gapped operational networks, zero-trust identity, continuous monitoring, and NERC-CIP-aligned controls across the full SCADA and DCS stack.

  • IT/OT network segmentation
  • Zero-trust identity & access
  • Hardware-level kill switches
  • 24/7 SOC with threat intel
  • NERC-CIP & NIST-800-82 aligned
// LAYER 03

Operational Security

Vetted personnel, documented procedures, continuous drills, and incident-response playbooks tested against real-world scenarios — not paperwork standards.

  • Background-checked workforce
  • Compartmented operations
  • Regular red-team exercises
  • Integrated emergency response
  • Coordinated with local authorities
// 06
Capabilities

Engineered for reliability, designed for resilience.

// 01

Gas-Fired Generation

Aeroderivative and industrial-frame turbines in simple and combined-cycle configurations, scaled from hundreds of megawatts to gigawatt-class campuses.

// 02

Transmission & Interconnection

High-voltage switchyard design, GIS substations, and deep working relationships with regional transmission organizations across the markets we build in.

// 03

Security-First Design

Indoor GIS, hardened perimeters, aerial-threat-aware siting, and redundant controls are standard — not upgrades. Critical infrastructure deserves critical protection.

// 04

Delivery to GPU

MV distribution, data-hall-ready feeders, and coordinated commissioning mean our customers' first rack comes online the day the last transformer is energized.

// 07
Investment Thesis

A generational dislocation in electric power.

Mitsubishi Power Aero SWIFTPAC — aeroderivative gas turbine package
Aero · SWIFTPAC Reference generation platform

The electric grid was built for a world of predictable, gradual load growth — roughly one to two percent a year, planned on fifteen-year horizons. Artificial intelligence is not that world. Training and inference loads are arriving in hundred-megawatt and gigawatt increments on twenty-four-month schedules, and the traditional utility build cycle cannot meet them.

The supply response has been structurally broken: PJM's interconnection queue is closed to new studies through mid-decade, ERCOT's large-load energization timelines have pushed past five years, and across every major ISO, firm capacity is the scarcest resource on the grid. The gap between what hyperscalers need and what utilities can deliver is not a cyclical imbalance — it is a structural one.

Stratum exists to close that gap. We develop, build, own, and operate the generation platform that delivers firm power to the loads driving the intelligence economy, on the timelines they operate on, under long-duration contracts that underwrite institutional-grade returns.

~160GW
Projected US Data Center Load Growth by 2030
5–7YRS
Typical Interconnection Study to Energization
24–36MO
Stratum Site-Control to First Power
15–25YR
Contracted Offtake Tenor
// 01 · DEMAND ASYMMETRY

An entire new load class has arrived.

US data-center electricity demand is projected to roughly triple by 2030, adding 130–160 GW of new firm load to a grid that has grown by an average of less than 1% per year for two decades. A single hyperscale campus can consume as much power as a mid- sized American city, and the largest operators are planning multi-gigawatt clusters on compressed schedules.

What it means for Stratum: we are not selling into a price-elastic commodity market. We are selling into a structural scarcity where hyperscaler demand is effectively price-insensitive and schedule-sensitive — the customers most willing to pay for power on time, every time.

// 02 · SUPPLY CONSTRAINT

The grid cannot catch up on its own.

PJM has cleared record capacity prices and has effectively paused new interconnection studies. ERCOT is revising large-load connection rules under pressure from a queue exceeding 100 GW. MISO and SERC face similar constraints. Even where transmission is available, new utility-scale thermal projects take five-plus years from notice-to-proceed to commercial operation.

What it means for Stratum: traditional developers are structurally slow — our competitive set is the utility itself, and the utility is running at capacity. A developer that can energize in 24–36 months with firm fuel and firm interconnection owns the market.

// 03 · TECHNOLOGY EDGE

Aeroderivative gas is the answer.

Aeroderivative gas turbines — GE LM2500, LM6000, LMS100, Mitsubishi FT4000 — deliver 100 MW-class firm capacity with five- to ten-minute start times, modular factory-built skids, and heat rates competitive with combined cycle at hyperscale duty cycles. Unlike nuclear, they deploy in months. Unlike renewables, they are firm. Unlike reciprocating engines, they scale.

What it means for Stratum: a proven, OEM-supported, lender-financeable technology stack that has been in commercial operation for decades, with clear upgrade paths to combined cycle, hydrogen blending, and post-combustion carbon capture when economics justify them.

// 04 · CONTRACT QUALITY

Investment-grade cash flows, not merchant bets.

Every Stratum megawatt is underwritten against long-duration take-or-pay offtake — typically 15 to 25 years — with investment-grade hyperscale, industrial, or utility counterparties. Capacity payments cover fixed costs and debt service; energy payments pass fuel-cost volatility through to the offtaker; availability-based structures reward operational excellence.

What it means for Stratum: contracted cash flows with inflation adjustment and fuel pass-through, delivering infrastructure-grade risk-adjusted returns over 20-plus-year asset lives — the profile institutional capital is built to underwrite.

// 05 · VERTICAL INTEGRATION

We own the stack siloed developers can't.

Traditional project finance splits generation, transmission, distribution, and site development across four developers with four sets of lawyers, four contracts, four risk allocations, and four schedules that never align. Stratum closes that by owning the full stack from gas pipeline interconnection through medium-voltage distribution into the data hall. One developer, one schedule, one accountable operator.

What it means for Stratum: we capture development margin that fragmented developers leave on the table, compress time-to-energization by 12+ months versus disaggregated builds, and deliver an integrated product hyperscalers cannot buy anywhere else.

// 06 · SECURITY DIFFERENTIATION

Hardened assets command premium offtake.

Indoor GIS substations, hardened building envelopes, drone-threat-aware siting, and NERC-CIP-aligned OT security are standard on every Stratum site — not optional upgrades. Hyperscalers running sovereign AI, defense, and financial workloads are increasingly unwilling to underwrite sites without them, and regulators are moving in the same direction.

What it means for Stratum: security-first design becomes an underwriting differentiator — qualifying us for workloads, customers, and offtake tenors less-protected assets cannot access, at premium pricing.

// 07 · ORIGINATE → INTEGRATE → MONETIZE

A repeatable platform, not a project shop.

Our development model is built to scale. Originate: we secure land, interconnection rights, and fuel supply in regions with tight capacity markets and hyperscaler demand. Integrate: we design and build the full stack to a repeatable reference architecture. Monetize: we anchor each site with long-duration offtake and recycle development capital into the next site.

What it means for Stratum: a replicable playbook that compounds. Each site strengthens the next — through turbine-fleet economics, relationships with the same EPCs and OEMs, reusable permits and standards, and a growing portfolio offtake conversation with the largest hyperscalers.

// 08 · CAPITAL EFFICIENCY

Development capital, recycled.

Stratum's capital structure is built around a development-stage equity layer that takes site-and-contract risk to COD, followed by a refinancing into long-term infrastructure debt and permanent institutional equity once projects reach commercial operation. Development returns are realized as assets migrate to their permanent capital stack, freeing capital to originate the next site.

What it means for Stratum: a business model that compounds platform IRRs while delivering infrastructure-grade returns to permanent capital — the structure the largest global infrastructure investors have spent a decade learning to underwrite.

Risks we take seriously.

Every infrastructure investment carries real risks. We do not minimize them — we underwrite them, mitigate them, and price them into the capital structure. The four we think about most:

Fuel Price

Natural gas volatility is managed through pass-through tariff structures, firm transport contracts, dual-fuel capability where appropriate, and long-term physical hedges on the upstream side.

Policy & Permitting

Diversified footprint across PJM, ERCOT, MISO, and SERC reduces single-jurisdiction exposure. Early engagement with air regulators, NOx ERC procurement, and host-community partnerships protect schedule and license.

Technology Transition

Every site is engineered for combined-cycle, hydrogen-blend, and carbon-capture upgrade paths. Short-duration aeroderivative plant life matches the investment horizon of long-tenor contracts, limiting stranded-asset exposure.

Counterparty Concentration

Underwriting standards require investment-grade offtakers or credit-enhanced structures. Portfolio construction diversifies across hyperscalers, industrials, and utility buyers to avoid single-customer exposure.

Panoramic industrial power infrastructure

Build the grid that powers what's next.

Stratum works with hyperscalers, industrials, utilities, and host communities to develop the power infrastructure of the intelligence era. Let's talk.

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