IC
InterEnergy.Cloud
10MW Tier III Panama • AI • HPC • Enterprise Colo

Institutional-Grade Digital Infrastructure

InterEnergy.Cloud

InterEnergy.Cloud is a greenfield 10 MW Tier III data center in Panama, built adjacent to an existing power generation facility. A multi-vertical strategy allocates 3 MW to liquid-cooled AI/GPU compute, 3.5 MW to high density HPC workloads, and 3.5 MW to traditional enterprise colocation.

IT Load
10 MW
Power Cost
$0.09/kWh
Target NOI Margin
16–28%
Revenue Verticals
3
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Project Overview

InterEnergy.Cloud is a greenfield 10 MW Tier III data center in Panama, built adjacent to an existing power generation facility. A multi-vertical strategy allocates 3 MW to liquid-cooled AI/GPU compute, 3.5 MW to high density HPC workloads, and 3.5 MW to traditional enterprise colocation.

Wholesale power is secured at approximately $0.09/kWh, with target sell-through economics that translate into $20–24M in annual revenue at stabilized occupancy and 16–28% NOI margins.

Panama offers an attractive jurisdiction: stable grid, access to hydro/natural gas, multiple subsea cables, no hurricanes, and a pro-business, dollarized environment serving both North and Latin American demand.

Key Metrics Snapshot

IT Capacity10 MW (Tier III, N+1)
Power Cost (Wholesale)$0.09/kWh
Capex (Midpoint)$90M
Revenue @ 85% Occupancy$20.6M / year
Revenue @ 100% Occupancy$24.2M / year
NOI Range$3.3M – $6.9M
Levered IRR (Indicative)18–25%

Three Complementary Revenue Verticals

3.0 MW Allocation

AI / GPU High Density

40–70 kW/rack, liquid / hybrid cooled

$260–350 / kW / month

Captures explosive AI training and inference demand with premium pricing and multi-year contracts.

3.5 MW Allocation

HPC Compute / Cloud

12–25 kW/rack, air + optional liquid

$160–240 / kW / month

Serves quant funds, rendering, fintech, and mid-tier cloud providers seeking high density at efficient power cost.

3.5 MW Allocation

Enterprise Colocation

3–8 kW/rack, classic Tier III colo

$95–135 / kW / month

Panama banks, telcos and government cloud workloads provide stable, low-churn base load.

Financial Highlights

Project Underwriter & Banker
Patrimonio Merchant Bank & Trust
Structured Finance • Infrastructure Capital • Project Advisory

Capex Breakdown (Panama)

  • Core Facility (substation, UPS, gens, cooling, shell)$64–94M
  • AI / GPU Density Buildout (3 MW)$6–12M
  • HPC Density Buildout (3.5 MW)$3.5–7M
  • Enterprise Colo Fitout (3.5 MW)$2–3.5M
  • Total Capex Range$76–116M
  • Planning Midpoint$90M

Profitability & Returns

  • Revenue @ 85% Occupancy$20.6M / year
  • Revenue @ 100% Occupancy$24.2M / year
  • Power Cost (10 MW, PUE 1.35, $0.09/kWh)$10.6M / year
  • Non-Power Opex (staff, M&R, SG&A)$6.2–7.7M / year
  • NOI Range$3.3M – $6.9M
  • NOI Margin16–28%
  • Levered IRR (Indicative)18–25%

Dynamic Economics Explorer

Occupancy85%

60% represents early ramp; 100% is stabilized, fully sold 10 MW.

Power Cost ($/kWh)0.090

Base case uses $0.09/kWh; slider tests sensitivity to tariffs and PPAs.

All figures are illustrative, based on current market benchmarks and project assumptions. A full detailed financial model is available upon request.

Modeled Annual Economics

Revenue
$20,604,000
Per year at selected occupancy.
Power Cost
$9,046,890
Scales with load and selected power price.
Non-Power Opex
$6,700,000
Staff, M&R, security, SG&A (midpoint estimate).
Net Operating Income
$4,857,110
NOI margin: 23.6%
Capex Midpoint
$90,000,000
Includes substation tie-in, generators, UPS, cooling, shell, and density-specific buildout.
Simple Payback (Illustrative)
18.5 years
Full model includes detailed debt sizing, amortization, and levered IRR.

Investment Thesis

  1. Strategic Location: Panama combines political stability, dollarization, favorable climate (no hurricanes), and adjacency to low-cost generation, offering a long-term competitive power advantage.
  2. Three-Vertical Diversification:High-margin AI/GPU demand is balanced by predictable HPC and sticky enterprise colo, reducing reliance on any single technology cycle.
  3. High-Density-Ready Design: The facility is engineered to upgrade additional MW to liquid-cooled high-density as AI demand accelerates, without major structural rework.
  4. Scalable Platform: Once the 10 MW Phase I is stabilized, expansion to 15–20 MW reuses core infrastructure (substation, interconnect), lifting project-level IRR.
  5. Institutional Analytics: The economics, tenancy mix, and structure are designed from day one for institutional debt and equity.

Ramp & Stabilization

  • Year 1 Occupancy50–60%
  • Year 2 Occupancy70–85%
  • Year 3 Occupancy90–100%
Early anchor tenants in AI/HPC can be complemented with longer-term enterprise colo contracts, smoothing cashflows and supporting non-recourse project debt.

Request Full Investment Package

Detailed financial model (Excel), technical design brief, term sheet structure, and tenant pipeline overview are available under NDA for qualified investors.

Email for Full Model & Deck

This presentation is for discussion purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any investment will be made only pursuant to definitive documentation and after appropriate due diligence.