lancium

overview

Lancium is an energy technology and infrastructure company uniquely positioned to deliver critically needed power on the largest scale in history to the AI data center industry. The company specializes in building gigawatt-scale data center campuses at strategic locations in Texas that are fully ERCOT-approved and designed for speed-to-value, with integrated renewable energy and grid-balancing capabilities.

business model

Lancium develops and operates Clean Campus data centers that combine gigawatt-scale power infrastructure with proprietary Lancium Smart Response technology for flexible load management. The company provides comprehensive energy management services, designs and builds high voltage electrical infrastructure, and engineers sites tailored for massive-scale AI data center campuses. Revenue is generated through infrastructure development, campus operations, and power orchestration services.

data center profile

global footprint

us portfolio (from database)

projects by state

specialization

primary focus: ai-ml, hyperscale, wholesale

key differentiators:

• Proprietary Lancium Smart Response technology for flexible load management

• First datacenter Controllable Load Resource (CLR) qualified in ERCOT

• Gigawatt-scale power infrastructure with ERCOT-approved interconnects

• Strategic locations in renewable energy-rich West Texas

• Integrated behind-the-meter battery storage and solar resources

financial highlights

strategy

corporate strategy

Lancium’s strategy centers on enabling the massive AI infrastructure buildout through gigawatt-scale power delivery at locations with abundant renewable energy. The company pivoted from cryptocurrency mining in 2023 to focus exclusively on AI data centers, leveraging its proprietary grid-balancing technology to provide competitive advantages. Lancium positions itself as both an infrastructure developer and energy technology company, offering a complete solution from site selection through operations.

growth strategy

Lancium is executing an aggressive expansion plan to develop 5+ gigawatt campuses across West Texas by 2028, supported by $650M in funding from Blackstone and Hanwha Solutions. The company’s growth strategy emphasizes speed-to-value through pre-approved ERCOT interconnections, partnerships with leading AI infrastructure providers like Crusoe Energy, and strategic positioning near renewable energy sources. The Blackstone investment supports capital needs for five planned facilities in wind- and solar-rich areas.

power strategy

Lancium’s power strategy is built on three pillars: (1) locating facilities in areas with excess renewable generation to access low-cost power, (2) using proprietary Smart Response technology to provide grid services and stabilization, and (3) integrating behind-the-meter battery storage and solar resources for optimization. The company has secured ERCOT-approved interconnections totaling over 6 GW across its pipeline.

renewable commitment: 100% renewable energy focus through strategic siting in West Texas wind and solar corridors. Lancium’s flexible load management enables net CO2 reduction potentially exceeding four million tons per annum by 2030. All Clean Campus facilities are designed to maximize renewable energy consumption and minimize grid carbon emissions through intelligent load balancing.

major commitments

partnerships

power providers

technology partners

Crusoe Energy Systems (Cross-licensing partner) : October 2022 agreement for mutual IP cross-licensing; Lancium provides CLR technology, Crusoe provides Digital Flare Mitigation technology; covers HTC and workload mitigation

financial partnerships

leadership

Michael McNamara

Co-Founder, CEO, and Chairman of the Board

Prior to founding Lancium, McNamara founded ROR Capital where he partnered with private equity firms to restructure several multi-billion-dollar natural resource companies. Previously served as Head of Research for Natural Resources at Talpion Fund Management LP and Head of Research for Event Driven Equities at One East Partners. Earlier career included Vice President at Twin Capital Management.

Co-founded Lancium in 2014 and has led the company’s transformation from cryptocurrency mining focus to becoming a leading AI infrastructure provider. Based in Newport Beach, CA.

Raymond Cline

Co-Founder and Chief Technology Officer

PhD in Chemical Physics from University of Illinois Urbana-Champaign (1981-1987). Prior experience includes positions at SAIC, Sandia National Laboratories, and as Fellow at Borders, Trade, and Immigration Institute (DHS Center of Excellence).

Co-founded Lancium with McNamara and developed the company’s proprietary Smart Response technology and Controllable Load Resource capabilities that differentiate Lancium in the market.

Prashant Gupta

Co-Founder and Board Member

Managing Partner of NEEM Partners. Over 25 years of experience in principal investments and leadership roles. Began career at EY specializing in hedge funds and broker-dealers for six years. Between 2002-2013, served as partner and CFO at multi-strategy hedge fund. CFA and CPA (inactive).

Co-founded Lancium in 2014 and serves on board representing founding team. Currently focuses on private investments through NEEM Partners while maintaining board role.

competitive position

Lancium occupies a unique position as both an energy technology company and data center infrastructure developer, differentiated by proprietary Controllable Load Resource technology and strategic focus on gigawatt-scale campuses in renewable energy-rich locations. The company’s partnership with Crusoe Energy and involvement in the $500B Stargate Project positions it at the forefront of AI infrastructure development.

strengths

• Proprietary Lancium Smart Response technology with patent portfolio for flexible load management

• First mover advantage in ERCOT Controllable Load Resources for data centers

• Strategic locations in West Texas with abundant renewable energy and approved ERCOT interconnections totaling 6+ GW

• Strong financial backing from Blackstone ($500M) and Hanwha Solutions ($150M)

• Flagship Stargate Project partnership with OpenAI, Oracle, and SoftBank

opportunities

• Massive AI infrastructure buildout creating unprecedented demand for gigawatt-scale power

• Texas continuing to attract data center development due to business climate and renewable energy

• Growing recognition of grid services value as renewable penetration increases

• Potential to license Smart Response technology to other operators

• Expansion beyond Texas into other renewable-rich deregulated markets

threats

• ERCOT grid reliability concerns and potential regulatory changes

• Competition from established data center operators expanding into Texas

• Hyperscalers increasingly developing own infrastructure

• Power availability constraints as Texas data center market saturates

• Cryptocurrency market volatility affecting diversified campus utilization

projects

sources

• Lancium - Sustainable Power Infrastructure

• Lancium

• About Lancium | Powering AI with Clean Infrastructure

• Lancium

• Lancium Gigawatt AI Data Center Campuses

• Lancium

• Lancium Technologies - Crunchbase Company Profile & Funding

• Crunchbase

• Lancium 2025 Company Profile: Valuation, Funding & Investors

• PitchBook

• OpenAI’s first data center in $500 billion Stargate project is open in Texas

• CNBC (2025-09-23)

• Blackstone Invests $500 Million in Lancium AI Buildout

• Bloomberg (2024-11-21)

• Blackstone invests $500 million in Lancium – report

• Data Center Dynamics (2024-11-21)

• Crusoe, Blue Owl Capital and Primary Digital Infrastructure Enter $3.4 billion Joint Venture for AI Data Center Development

• Crusoe Energy (2024-10-15)

• Crusoe to Build Initial 200 MW AI Data Center With Plans to Expand at 1.2 GW Lancium Clean Campus

• Crusoe Energy (2024-07-18)