Digital Energy Brief

(Photo credit: A.N.)

Memphis Data Center 28 MW

Jun 5, 2025

PROJECT SUMMARY

28 MW of approved grid power
5 miles from Downtown Memphis

ENERGY COST

ITEM
 COST
($/kWh)
Electricity Supply $0.0287
Transmission, Distribution,
& Ancillary Costs		 $0.0191
TOTAL $0.0478

NOTE: Energy costs are estimated based on utility tariff and the following assumptions: 95% utilization; 20 MW On-Peak Demand; 40 MW off-peak demand.

SITE SUMMARY

STATE LOCATION CAPACITY LAND INFRASTRUCTURE DEAL STRUCTURE
TN Memphis
~5 mi from downtown		 28 MW 13 ac 7.5 ac paved surface
5.5 ac Raw Land
Security Fence
Municipal Water		 3 yr lease + extension
JV



PROJECT DETAILS

POWER CAPACITY | 28 MW

The site has 28.9 MW of approved power capacity, to be delivered on the following schedule:

  • 2025 October 4.5 MW
  • 2026 June 24.4 MW

DEAL STRUCTURE

  • Three-year lease with the possibility of two three-year extensions
  • Commercial real estate lease based on power capacity and land requirements
  • Deposit required to secure property and begin 90-day due diligence phase

SITE DESCRIPTION

The site is located in the Southeast power market (regulated market) and served by Memphis Light, Gas and Water. Delivered power is scheduled to be 3-phase, 23 kV.

The property is located approximately five miles from Downtown Memphis, just off of I-55 and near the 61. It’s 12 minutes from Downtown and 15 minutes from Memphis International Airport.

The site includes 13 acres with 7.55 acres of paved land and a security fence. The topography is relatively flat and is suitable for containerized data centers or permanent structures.

SUPPORTING UTILITIES
  • INTERNET: Available from local providers and Starlink
  • WATER: Available for contract from the City of Memphis

This post and the information it contains are provided for informational purposes only. Coventry Enterprises, LLC offers no guarantee that the details in this post are accurate.

The information in this post reflects a good faith description of the property based on communication with the site developer, individual research, and previous experience.

Zac Coventry specializes in energy portfolio management for large loads. He helps data center operators, energy managers, and private equity investors minimize CapEx and operational costs through supply chain management, energy brokerage, and strategic advising.

For a private consultation, please contact me

data center memphis tennessee