Fixed fee
Power Path Assessment
A clear read on how a specific site can get power, how long it will take and what it will cost.
- Utility and interconnection review
- Grid, PPA and on-site options compared
- Timeline, cost and risk summary
Data center power advisory · Phoenix, Arizona
Power for your data center, structured to close.
We help developers, landowners and operators find a credible path to power and turn it into a bankable deal. Utility strategy, PPAs and on-site options, run by people who think like the lender.
Path to power
Most sites have more than one way to get energized. We map the options, price them and help you pick the one that gets financed.
The problem
Land and capital are easier to find than power.
Interconnection delays
Utility queues and study timelines can push a project back by years.
Firm power is scarce
Large loads need reliable supply, and most PPA markets are built for sustainability buyers.
Deals that don't finance
A power contract only helps if lenders and buyers will underwrite it.
Fragmented advisors
Lawyers, engineers and data providers each cover one piece. Nobody owns the whole deal.
Services
From first feasibility check to signed contract.
Monthly retainer
Deal Structuring
We run the process: sourcing supply, building term sheets and negotiating alongside your counsel.
- Supplier and utility outreach
- Term sheet and pricing structure
- Credit support and bankability review
Success based
Transaction Close
For deals already in motion. We help take it across the line, with fees tied to closing.
- Negotiation support to signing
- Lender and investor packaging
- Fee tied to a closed deal
How it works
Four steps to an energized site.
Assess
We study the site, the expected load and the local utility.
Source
We line up utility, PPA and on-site supply options.
Structure
We shape pricing, term and credit support into a financeable deal.
Close
We negotiate to signature with your legal and engineering teams.
Who we serve
Built for the teams the big firms overlook.
Large energy consultancies are staffed for Fortune 500 buyers. We work with the developers and owners moving fastest.
Data center developers
Securing supply for new campuses and expansions.
Landowners
Showing a parcel can be powered before taking it to market.
Independent operators
Competing for power without a hyperscaler's procurement team.
Investors and lenders
Diligence on the power story behind a deal.
Why Loadstone
Power deals live or die on credit. That's our language.
Loadstone Power was founded by Eric Smith, whose background is in credit, private markets and project finance. Before starting the firm he worked at BlackRock and Riverstone Holdings and was part of the AltFinance Fellowship.
We look at every power option the way a lender will, so the deal you sign is one that gets funded. We work alongside your engineers and counsel and handle the commercial side end to end.
BlackRockRiverstone HoldingsAltFinance FellowshipHoward University
FAQ
Common questions.
What does a Power Path Assessment include?
A review of your site's utility territory and interconnection outlook, a side-by-side comparison of grid, PPA and on-site options, and a summary of likely timelines, costs and risks. You get a written report and a walkthrough call.
Do you replace our lawyers or engineers?
No. We handle the commercial side of the power deal and work alongside your counsel and engineering firm. They draft and design; we source, compare, structure and negotiate.
Which markets do you cover?
We are based in Phoenix and focused on Arizona and the Southwest, one of the fastest-growing data center regions in the country. We take on projects elsewhere case by case.
How are you paid?
Assessments are a fixed fee. Ongoing deal work is a monthly retainer, and some engagements include a success fee tied to closing. We quote each project after a first call.
How big does a project need to be?
We focus on projects where power is the deciding factor, typically sites planning for tens of megawatts or more. If you're unsure, reach out and we'll tell you honestly whether we can help.
Contact
Have a site that needs power?
Tell us about the project. We'll come back within two business days with a first read on your options.
Prefer email?
eric@loadstonepower.com