Jun 22

Energy Solutions Group Announces Strategic Investment with United Leasing and Finance for Renewable Energy and Data Center Expansion

Energy Solutions Group, a sustainable energy investment and development firm, has announced a strategic investment with United Leasing and Finance to fund the continued expansion of the Digital Crossroad campus in Hammond, Indiana.

Digital Crossroad commissioned the first phase of the 100MW campus in October 2020 and will be using the investment to address growing customer demand.

“The Digital Crossroad data center is a perfect example of what Energy Solutions Group hopes to accomplish across the country,” said Bryan Rishforth, Executive Chairman of Energy Solutions Group. “There are so many heavily industrialized areas of the country that are primed for this type of transformative repurposing, resulting in a revived local economy and improved environmental conditions.”

The first phase of the Digital Crossroad campus comprises 105,000 square feet of whitespace and 6MW of capacity. Located on the former State Line Generating Plant, Digital Crossroad repurposed the site into a next-generation data center campus with robust network connectivity.

“Leasing activity at the Hammond campus has exceeded our expectations,” said Thomas P. Dakich, Managing Member for Digital Crossroad. “We are excited to work with Energy Solutions Group and United Leasing & Financing to continue building out this massive data center campus using renewable energy sources.”

Digital Crossroad has designed and engineered the data center campus to be both environmentally and economically sustainable, having secured highly-attractive tax incentives from the state of Indiana and announcing a partnership with Purdue Northwest University to build out an advanced greenhouse onsite.

“We’re proud to support the renewable energy sector, especially projects like Digital Crossroad,” said Martha Ahlers, President, United Leasing and Finance. “This is an especially exciting project for us because it’s right in our home state of Indiana.”

The data center industry has been rapidly growing as people consume more data on their mobile devices and as more workers continue to work remotely. According to business research firm Research and Markets, it is estimated that the data center industry will grow by 2% every year through 2025, reaching a market size of $69B by 2024.

In addition to the Digital Crossroad data center, Energy Solutions Group plans to build additional renewable power plants at data centers across the U.S using clean, renewable energy.

 About Energy Solutions Group

Energy Solutions Group (ESG) is a sustainable energy investment and development firm that blends energy best practices, cutting edge technologies and innovative investment strategies to deliver the most efficient and cost-effective sustainable energy solutions to private and public companies. Through its national network, ESG can design, finance, implement and maintain energy management systems across the nation. ESG is committed to diversity and contracts with businesses owned by minorities, females or disabled veterans in a most of its business engagements. For more information visit www.esgcorporate.com.

About United Leasing & Financing

United Leasing & Finance (ULF) is a customer focused and growth-oriented leasing and finance company committed to providing custom financing solutions to businesses across the U.S. and Canada. For more than 50 years, ULF has partnered with clients to achieve mutual success from small businesses to Fortune 100 companies. For more, visit www.unitedevv.com

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