Prime Data Centers x Lambda

Prime Data Centers is a privately held, founder-controlled data center developer and operator headquartered in Dallas, Texas, and founded in 2017 by Nicholas Laag. The company builds and runs wholesale colocation and hyperscale-style campuses across North America and EMEA, positioning itself as an "AI-ready" builder focused on rapid delivery of GPU-dense production halls rather than legacy retail colocation.\n\nIts footprint spans 13 campuses and roughly 28 facilities across seven U.S. metros (Austin, Chicago, Dallas, Los Angeles, Phoenix, Sacramento, Silicon Valley) plus Frankfurt and Madrid, with a stated development pipeline of more than 4 GW. Recent moves include a 240 MW Avondale, Arizona campus tied to a roughly $3 billion regional program, a second Sacramento build (SMF02), and a planned Esbjerg, Denmark campus starting at 160 MW IT load and scalable to about 550 MW backed by a roughly €2 billion investment.\n\nUnlike sponsor-backed peers such as Aligned or QTS, Prime is majority founder-owned rather than controlled by an infrastructure fund, giving Laag and a small senior team unusual latitude over capital pacing and site selection. Tenants and specific silicon partners are not publicly disclosed, consistent with the wholesale build-to-suit model the company markets to hyperscale and AI-training customers.