365 Data Centers has entered a strategic partnership with Aphorio Carter, the critical infrastructure and data center division of Carter Funds, to develop approximately 200 megawatts of AI-ready data center capacity across a series of U.S. markets.

The joint effort targets high-density liquid to chip infrastructure designed to support artificial intelligence and high-performance computing workloads, with initial projects expected to come online over the next 9 to 24 months.

Partnership Structure and Roles

The agreement pairs 365 Data Centers, headquartered in Norwalk, Connecticut, with Aphorio Carter, a data center real estate investment, development, and asset management platform backed by a leadership team claiming more than 100 years of combined experience that has collectively invested in and managed over USD 6.0 billion of data center real estate.

Under the arrangement, 365 Data Centers will serve as the long-term operator of the facilities, while Aphorio Carter will provide the real estate investment and redevelopment expertise alongside the ability to align utility power delivery with critical infrastructure requirements.

Derek Gillespie, CEO and CRO of 365 Data Centers, described the partnership as an opportunity to create a new class of high-density infrastructure designed specifically for AI-era workloads.

"Working with Aphorio Carter will allow us to create new value in existing assets while bringing new capacity online to support today's demand," he said.

John Regan, President and COO at Aphorio Carter, emphasized the alignment between real estate capability and operational readiness.

"We've aligned the delivery of utility power with critical infrastructure, allowing us to provide scalable, high-density infrastructure where it's needed most," Regan said.

"Together, we're creating a scalable supply of power-rich environments that can be delivered faster and perform at a higher level than traditional developments."

Initial Sites Under Letter of Intent

The partnership has already initiated letters of intent for two priority locations. The first is in Aurora, Colorado, and the second is in Simpsonville, Kentucky.

These two sites represent the earliest phase of what the companies describe as a phased expansion strategy targeting a total of six initial locations.

Beyond the two sites already under letter of intent, the companies plan to subsequently pursue additional LOIs for facilities in Trumbull, Connecticut; Louisville, Kentucky; Harrisonburg, Virginia; and Columbus, Ohio.

The announcement noted that availability of space and power at each location remains subject to final contract and internal approvals, and that specifications are subject to change during the development phase.

Infrastructure Specifications

Each facility in the portfolio is being designed to support cabinet densities ranging from 50 to over 200 kilowatts per cabinet.

The facilities are specifically oriented around high-density liquid to chip infrastructure, a cooling and power delivery approach suited to the intensive computational demands of AI model training and high-performance computing applications.

The companies stated that 365 Data Centers is initially evaluating six sites across the identified markets, with projects expected to be brought online on a timeline stretching from 9 to 24 months from the announcement date. The portfolio as a whole is targeted at approximately 200 megawatts of total capacity.

Strategic Context for 365 Data Centers

365 Data Centers describes itself as a provider of high-density colocation, connectivity, and AI-enabled cloud services serving mid-market and enterprise organizations.

The company's platform combines colocation, private and dedicated cloud, advanced connectivity, and AI capabilities under a single provider model.

The company has positioned the Aphorio Carter partnership as part of a broader strategy to deliver AI-ready, high-performance infrastructure to enterprise clients.

The announcement comes shortly after 365 Data Centers disclosed a separate multi-year agreement with Collective[i] in late April 2026 aimed at transforming its commercial go-to-market operations, with the company reporting an expectation of double-digit revenue growth within six months of that arrangement.

Aphorio Carter's Investment Platform

Aphorio Carter operates as a platform offering institutional and accredited investors access to data center real estate as an asset class.

The company describes its focus as building and scaling institutional-quality digital infrastructure real asset portfolios.

Carter Funds, the parent organization, positions Aphorio Carter's mandate around the accelerating demand for data center capacity driven by AI adoption, connected devices, and increasing global data consumption.

The partnership with 365 Data Centers represents Aphorio Carter's approach of combining its real estate and capital deployment capabilities with an established operator's existing customer relationships and operational track record.

Regan specifically cited 365's operations and maintenance history and its pipeline of prospective customers as key factors in the partnership rationale.

Further details on individual site locations and specific development timelines are expected to be disclosed as individual projects advance through the approval and contracting process.