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how it works
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Powering AI Data Centers
We raise institutional capital and manage bespoke SPVs that finance and develop on-site, behind-the-meter microgrids powering mission-critical AI data centers.
To power the IT data halls, we leverage our strategic partnership with global industrial leaders in electrification. This collaboration militates against execution slippage while providing a robust foundation for operational performance.
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our capabilities
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Site Acquisition
We acquire sites with pre-existing infrastructure that's foundational to a Energy Hub & AI data center's feasibility and speed to market.
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our capabilities
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Development & Execution
In House Civil EPC: to execute immediate site-specific works and foundational preparation.
Tier-1 Strategic Civil Partnership: Alliance with a General Contractor providing the track record and balance sheet strength required for completion guarantees.
Engineering Design: Technical design and specifications led by our industrial strategic partners.
Integrated Project Management Office (PMO): A centralized PMO led by our strategic partners — with X LABS representation — coordinating all project workstreams.
Phased Infrastructure Deployment: Scaling in phases, allowing for immediate operation and eventual supplemental grid interconnection.
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our capabilities
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Financial Management & Governance
Investment Oversight: X LABS manages the SPV as an SEC-registered investment adviser, ensuring institutional-grade fiduciary standards and regulatory compliance.
Structured Capital Stack: Coordination of complex multi-tier equity and debt financing from global institutional investors and capturing and monetizing Federal, state and local government incentives (investment tax credits, MACRS depreciation), grants and subsidies.
Sponsor Equity & Tax Equity Partnerships (to capture green incentives)
Construction Financing (tier-1 commercial banks and energy infrastructure lenders)
Long-Term Project Finance (10-20 year senior debt)
Asset Governance (fiduciary reporting and compliance).
Founder & CEO
Karan Trehan
Former President & CEO, AllianceBernstein International; Goldman Sachs; The World Bank. Education: IMD (MBA); Delhi University (BA, Economics)
Co-Founder
Bazmi Husain
Former Global CTO, ABB. Education: Birla Institute of Technology & Science (M.S. Physics, B.E. Electrical Engineering)
General Counsel
Wendy Ormond
Former General Counsel, GE Capital Global Project and Structured Finance. Education: Stanford Law School (J.D.); NYU Law School (LL.M in Taxation), University of Michigan (A.B. Philosophy)
Chief Compliance Officer
Eugene Podsiadlo
Former Board Member and Director, Wasatch Global Investors and its Mutual Funds; President, Warburg Pincus Funds; Citibank. Education: University of Maryland (MBA); The Wharton School (BS Economics)