Spartanburg Embraces $12.1 Million Data Journey LLC Acquisition, Paving the Way for Growth and Sustainability

Spartanburg Welcomes Data Journey LLC’s Newest Acquisition

Nothing screams growth and daring progress like a brand-new $12.1 million acquisition, right? Well, that’s exactly what’s happening in Spartanburg right now, and you’re about to hear the full scoop.

Data Journey LLC, the first woman and minority-owned data center provider, has decided to drop anchor in Spartanburg by seizing the 152-acre site previously held by Greenridge Generation Holdings Inc. This is a benchmark moment for Data Journey because hey, it’s not just another property in their expanding portfolio, it also marks their first advancement into the South Carolina market. Now, that’s some serious expansion strategy!

Steered by the brilliant CEO and founder, Ishnella Kaur Azad, Data Journey is a company that’s all about ‘viewing the whole picture.’ They’re not just focused on meeting customer demands – which are growing by the minute, mind you – but also ensuring that their practices are environmentally and socially responsible. Now that’s what we call a win-win scenario!

Green Energy Meets Data Infrastructure

The Spartanburg property isn’t just any piece of land. This 152-acre gem has a strategic location and a significant power access, with an initially provided capacity of 60 megawatts. But, hold your breath here, it’s scalable up to 100 megawatts! This makes the site supremely suited to become a premier data center hub.

If you’re wondering about the previous owner Greenidge, they bought the site way back in 2021 for $15 million. Parts of it were then divvied up and sold off, but the grand scheme was to harness its capability as a power-rich industrial location. Now, isn’t that some forward planning!

But that’s not where the tale of the Spartanburg site ends. It is an important puzzle piece in Data Journey’s broader strategy, one that includes the establishment of six new sites by 2025, each improving their potential to provide secure and scalable data solutions to customers. Talk about future-proofing your service!

A Journey Towards a Sustainable Future

Ishnella Kaur Azad views this property in Spartanburg not just as a new acquisition or another data center. In her vision, they’re creating a sustainable, forward-thinking infrastructure that supports developer communities and curbs any potential negative environmental impacts. She emphasizes the continued expansion of Data Journey with the intent to keep their practices centered around the long-term well-being of their stakeholders and the communities they serve.

Last but not least, expect this acquisition to close by Q1 2025. Sit tight as Data Journey LLC starts its engines to bring innovative, high-performance solutions to our beloved Palmetto State! Perhaps it’s about time to embrace how empowering women are changing industry landscapes around us. If this isn’t progress in the right direction, we don’t know what is!