SEATTLE–(BUSINESS WIRE)–WiredRE Development Corp (“WDC”), the sister company of Wired Real Estate Group, today announced the launch of its Power & Real Estate Partnership (PREP) Program to acquire and partner on power-ready land for the rapidly growing data center sector.
The PREP Program is designed to openly solicit offers from firms with land and power assets for either outright acquisition or partnership. By teaming with WDC, land and power owners gain:
- Predictable and attractive outcomes typically within 18–24 months
- Early cashflow, with WDC providing 100% of forward development costs
- Higher margins and faster closings through a product positioned closer to occupancy
- Sales horsepower via the WiredRE Platform, reaching 10,000+ global experts, end-users, and investor participants
- Expanded opportunities through onsite power and service development
- Reduced risk capital thanks to WDC’s internal EPC expertise and supply chain specialists
The initiative is anchored by the WiredRE team’s proven track record, including the sale of a 1,000 MW powered land site to Google, the largest AI-powered land transaction in ERCOT history.
As part of this launch, Sean Stofer has joined WDC as Partner / Co-CEO. Sean brings more than 20 years of leadership in the energy sector, having developed over 1 GW of projects across solar, wind, hydro, and oil & gas. He has founded and directed multiple EPC and energy development companies, advised on government energy policy, and is recognized as an expert operator. His addition allows WDC to qualify sites and create actionable development plans in-house, significantly reducing third-party costs and accelerating execution.
“With the PREP Program, we’re aligning land and power owners with a proven platform to unlock value in months, not years,” said Everett Thompson, CEO of WDC. “By combining our capital, energy expertise, and our global end-user network, we are uniquely positioned to meet the surging demand for industrial-scale compute infrastructure.”
WDC is actively qualifying sites across North America with line of sight to power. Basic criteria include less than 6 cent power, 100 MW+ power availability, and expansibility via grid AND onsite generation. Interested land and power owners / developers are encouraged to contact WDC for partnership discussions.
About WiredRE Development Corp
WiredRE Development Corp (“WDC”) is a trusted provider of near-to-market powered land and alternative data center sites. Backed by decades of data center and energy infrastructure experience and bolstered by its 10,000-member WiredRE Expert Network, WDC delivers shovel-ready, power-dense sites at scale—bridging the gap between power, land, and institutional capital.
Contacts
Media Contact:
Jessica Mularczyk
Account Director
[email protected]
