Koch Explored Sale of Data Center Developer Edged
The potential sale of the data center firm reflects surging investor demand for AI-ready infrastructure.
Updated on Sept. 30, 2026 in Data Centers
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Koch Real Estate Investments has engaged Goldman Sachs and Newmark to evaluate potential buyers for Edged, a developer that could be valued at more than $15 billion. The company currently operates over 388 megawatts of critical capacity across the United States.
Why it matters
The move underscores the intense competition for power-intensive infrastructure as artificial intelligence development continues to drive massive capital deployment into data center assets. This potential exit signals the high market value of established sites capable of supporting high-density compute loads.
Edged reports a design power usage effectiveness (PUE) rating of 1.15, a efficiency metric compared to industry averages which often exceed 1.5. Its largest campus in Atlanta currently holds 169 MW of capacity, with additional expansion phases expected to come online in 2027.
The players
Koch Real Estate Investments
An investment arm of Koch Industries focused on high-value real estate development and infrastructure assets.
Edged
A data center developer co-founded by Koch and Jakob Carnemark that focuses on building high-density, power-efficient AI infrastructure.
Goldman Sachs
A global investment bank advising on the potential sale of Edged and managing buyer interest.
Newmark
A commercial real estate services firm providing advisory support to evaluate the market valuation of the data center portfolio.
Jakob Carnemark
A co-founder of Edged who leads the company's technical development strategy for power-intensive data facilities.
The details
Edged specializes in scaling critical power infrastructure, utilizing design standards aimed at minimizing energy loss throughout the facility. The company manages high-capacity campuses like the one in Atlanta, which by April 2026 featured a 27 MW facility alongside a 100 MW site already in operation. These facilities are designed to support the electricity-heavy demands of high-density artificial intelligence clusters.
Timeline
April 2026: The Atlanta campus reached a milestone with 127 MW of total operational capacity.
September 2026: Koch Real Estate Investments began evaluating buyer interest in the company.
Early 2027: A third 42 MW facility in Atlanta is projected to become operational.
The Tech Race
The potential $15 billion valuation reflects the high premium currently placed on ready-to-use power infrastructure in a market constrained by electricity availability. As developers like Edged bring massive gigawatt-scale sites to market, they are rapidly closing the gap between AI demand and physical capacity.
This deal will likely accelerate the transition of Edged assets to a new owner, potentially influencing the speed and capacity of data center projects across major U.S. markets. For industry observers, the transaction terms will provide a benchmark for valuing similar power-intensive infrastructure.
The takeaway
The valuation of Edged demonstrates that power capacity has become the most valuable commodity in the data center sector. Observers should track whether the final sale price exceeds the $15 billion target as an indicator of private equity appetite for AI-critical power infrastructure.
What happens next
A third facility with 42 MW of capacity is expected to come online in Atlanta in early 2027.
Further reading
For more context on how hyperscalers are scaling infrastructure, visit the Data Centers section.
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