@MikeBucella
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Tomorrow in Miami: Neoclassic Capital’s @MikeBucella moderates a fireside chat with @EricTrump at Cantor Convergence.
Nov. 11 | 8:50–9:20 AM ET
events.cantor.com/convergence/ag…View quoted post on X
@elonmusk may be right that we'll see unfinished data centers. But not all developers operate the same way.View quoted post on X
$WULF follows a disciplined approach:
1. Identify sites with demonstrated customer interest.
2. Secure power from investment grade utilities.
3. Lock down specs, construction costs and schedules through GMP EPC contracts.
4. Secure long-term customer commitments backed by investment grade credit.
5. Arrange financing before committing to major construction.
We may move dirt early, but we don't build on spec.
I suspect we'll see projects stall because of inadequate capital, weak counterparties, execution misses, or regulatory hurdles. For experienced infrastructure developers with strong balance sheets, that creates opportunity.
What others call stranded assets, we may call a development pipeline. @PSInvestor @GavinSBaker
