Data Centers

The intelligence layer for the AI-power buildout

Project-by-project intelligence on every data center: power, equipment, participants, milestones, costs, and more. An 8-factor credibility score on every project, the power and contracts behind it, and an economics model to value it.

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Announced US capacity, 2026

30 to 50% facing delays

Data center pipeline by quarter

Planned US data centers

1,250+

Announced to operational, project by project

Capacity tracked

382GW

Announced data center capacity

Linked power projects

30,000+

US power plants and pipeline

Credibility factors

Scored on every project

Track credible projects, avoid speculative ones, and see how each is getting power.

Forecast

Plan against credible projects, sort out speculative ones

An 8-factor credibility score on every project, checked against satellite imagery and local moratoria. Status reasoning captures the why behind every delay or cancellation.

Power and supply

Evaluate the powering strategy behind every data center

We link 30,000+ power projects to data centers, so you can see how each one gets power: behind the meter, bridge power, or grid connected. Large load tariffs show the terms for grid connections.

Deep data on each project

Know the deal, supply and offtake, and who’s involved

Capacity, participants, and supply and offtake contracts attached at the project level.

How teams use it

Equipment providers Utilities and IPPs Hyperscalers and data center developers Investors Banks

Equipment providers

Find unsupplied projects, size your market, and identify relevant targets with project-level demand signals.

Equipment spend by category: turbines, fuel cells, UPS, BESS, cooling
Projects that just hit a milestone, such as EPC selected
Named suppliers and contract status on every project

Utilities and IPPs

Distinguish credible developers before committing generation, transmission, or PPA capacity.

Risk-adjust the large load pipeline in your territory
See which projects plan onsite power and why
Track large load tariff filings through regulatory review

Hyperscalers and data center developers

Benchmark on powering strategy, construction costs, and site selection.

Track competitor sites, power deals, and offtake
Price speed to power against cost of power
Watch moratoria and tariffs where you build

Investors

Underwrite projects with evidence-backed credibility scores, not just announcements.

Screen developers by tier and delivery record
Value a project with the economics model
Follow delays and cancellations with the reasoning behind them

Banks

Assess which projects and opportunities are bankable, with permits, power, equipment, and offtake in hand.

Test announced capex against the economics model
See the supply and offtake contracts behind every project
Track milestones across your book

What’s included

Data

Data center project tracker

Status with reasoning, milestones, specs, participants, and an 8-factor credibility score

Power and contracts

Powering model, utility, ISO and tariff, plus supply and offtake contracts by counterparty, type, volume, and term

Satellite timelines

Dated imagery from announced to operational on every project with a confirmed location

Moratoria and large load tariffs

500+ moratoria, bans, and ordinances plus 100+ large load tariffs, mapped to projects

Models and forecasts

Data Center Economics Model

Capex, opex, power cost, DCF, and value split, project by project

Derisked pipeline forecast

The announced pipeline, risk-adjusted by credibility score

Price benchmarks and valuations

Delivered power and powered land, by powering model and region

Research and analysts

Data Center Outlook

The state of the pipeline and what changed

Deep dives and analyst takes

In-depth looks at specific projects, players, and powering models

Analyst access

A session with our data center analysts, plus questions as they come up

Model runs

Evaluating a specific data center project, or testing a hypothetical?

Self-serve

Model dashboard

Test the key sensitivities yourself.

Tailored

Project assessment

We run the model and turn it into a detailed valuation report.

Talk to sales

Initial capex by componentUS$m per MW of IT

Chips and servers$28.7m59%

Building, shell, and cooling$8.2m17%

IT infrastructure$6.8m14%

Power and interconnection$4.8m10%

Capex per MW if each input moves 20%

Chip prices

Construction costs

IT infrastructure

Power and grid costs

20% lower20% higher

All-in initial capex$48.5mper MW, chips swing it most

Illustrative values from the Currence Data Center Valuation Model

Data methodology

Every project carries 14 structured fields and an 8-factor credibility score, with status reasoning that captures the why behind every delay or cancellation. Our AI data engine pulls updates from news, permits, procurement filings, and regulatory dockets, and our analysts validate every change.

Sources

Building and air permitsPUC dockets and FERC filingsISO and RTO queuesDeveloper announcementsTrade pressSatellite imageryMarket participant validation

Credibility factorWhat we look at

Project statusDevelopment maturity

Project scalePlanned capacity

Developer credibilityTier 1 to Tier 5, based on track record, financial strength, operational experience, and tenant relationships

Financing signalsPublicly announced funding for the project

Power supplyExecuted power agreements

Powering planDisclosed sourcing strategy

Time to powerModeled from location, sourcing strategy, interconnection queue timelines, and technology lead times

Commercial offtakeTenant or hyperscaler commitment

Common questions

Get a demo built around your projects and markets.

Tell us what you are trying to decide and an analyst will walk you through it.

Request a demo

What does Data Centers cover specifically?

The full data center power value chain. We track 1,000+ data center projects and the generation powering them, including powering models (grid, behind-the-meter, hybrid), equipment procurement, permit and filing status, and evidence-backed credibility assessments.

What makes your coverage different?

Most data center intelligence focuses on real estate: location, capacity, vacancy, leasing. We focus on what is inside the data center and the power infrastructure around it, connecting the buildout to the power market at the project level.

How does the credibility score work?

It is an evidence-backed assessment of whether a project will get built, scored on eight factors: project status, scale, developer tier, financing signals, power supply arrangements, powering plan, estimated time to power, and commercial offtake. Scores are live for every relevant project and available via export.

Who is it built for?

Utilities deciding which developers to sign with, OEMs and equipment providers sizing demand, investors and banks underwriting projects, and developers benchmarking their power strategy.

What geographies do you cover?

We track data center projects globally, with extended power data focused on the US first, since it is the largest and most active buildout. International coverage keeps expanding.

Where does the data come from?

Regulatory filings (building and air permits, PUC dockets, FERC filings), interconnection queues, developer announcements, trade press, and direct validation from market participants. Our AI engine enriches it and our analysts validate it.

Can I run the model on my own project?

Yes. Use the self-serve dashboard, or our analysts can run your site and assumptions and walk you through a full project assessment report.

How is it delivered?

In the Currence platform, as Excel, or inside Claude, ChatGPT, Gemini, or Copilot through the Currence MCP. API access is available as an add-on.