Energy Solutions Group Announces $28M Facility with United Leasing and Finance for Renewable Energy and Data Center Expansion

BRYN MAWR, PA - May XX, 2021 – Energy Solutions Group, a sustainable energy investment and development firm, announces $28M facility with United Leasing and Finance to fund an expansion of Digital[BS(1]  Crossroads data center in Hammond, IN. The 105,000-square-foot high tech data center located on Lake Michigan was the former State Line Generating Plant, one of the largest powerplant polluters in the U.S. after a complete repurposing.

“The Digital Crossroads data center is a perfect example of what Energy Solutions Group hopes to accomplish across the country,” said Bryan Rishforth, Principal 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.”

With the first phase of construction completed in late 2020, The Digital Crossroads data center stores data for top global companies and data centers. The energy-intensive facility is built for 100+ MW for capacity. With this next phase of financing, Digital Crossroads will accelerate its expansion in next phase of construction, drawing more high-tech companies to the Northwest Indiana town.

In addition to The Digital Crossroads data center, Energy Solutions Group plans to build an additional 13 data centers in the U.S. using clean, renewable energy.

“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.”

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.

“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.”

Digital Crossroads is a unique data center in that it has no legacy constraints that many other data centers have, allowing for engineering and financial incentives that are both environmentally and economically sustainable.

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