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2CRSi announces contract worth 610 million USD with US data center operator

January 30, 2024 by
2CRSI

Rouses Point (New York State), January 30, 2024 - 2CRSi (ISIN: FR0013341781), the leading designer and manufacturer of high-performance, energy-efficient computer servers, announces the signing of a contract with an American data center operator.

A leading data center company operating exclusively with renewable energy sources has chosen 2CRSi servers to equip its next 4 data centers, representing a contractual commitment of $210 million over the next 18 months.

The construction of these four new datacenters represents a milestone for the future. This operator is committed to using clean energy exclusively. It is essential for them to have the most powerful yet frugal computer servers, precisely one of the strengths of the products developed and manufactured by 2CRSi.

In addition to having decarbonized energy, these sites will use the thermal energy released by the servers as a heat source for agriculture. With more than 10 years' experience in the design and manufacture of servers specifically dedicated to liquid cooling, 2CRSi now makes it possible to have data centers with "positive" carbon footprints.

The development of this customer's data centers, supported by the fiscal measures of the American law "IRA" (inflation reduction act), is not limited to these four sites currently under construction. With a roadmap to 2030, more than 30 sites, totaling over 1700MW, will be installed in over 20 US states. This is why the contract also includes a second firm commitment to order a further 400MUSD over the next four years, for a contractual total of 610MUSD.

"Even without American tax incentives, this type of project is possible in Europe. The need for data centers is set to explode with the widespread use of artificial intelligence, and soon that of robotics. The use of additional heat in agriculture could lead to the generalized use of vertical crops for vegetables and even cereals. Produce more, consume less. This is the adventure we'd like to propose to European farmers who want to benefit from the same combination of low-carbon energy, data centers, vertical farming and profitability", explains Alain WILMOUTH, co-founder of 2CRSi.

About 2CRSi

Founded in 2005 in Strasbourg, France, 2CRSi designs, develops, and manufactures high-performance computing servers and innovative solutions for artificial intelligence, high-performance computing (HPC), and data storage. Committed to responsible and sustainable practices, the Group operates across multiple continents and provides highly energy-efficient technology solutions to industries including technology, manufacturing, gaming, scientific research, and data centers. 2CRSi has been listed since June 2018 on the regulated market of Euronext Paris (ISIN code: FR0013341781) and was transferred to Euronext Growth in November 2022.

Contacts

2CRSi
Jean-Philippe LLOBERA
Director France

press@2crsi.com
03 68 41 10 70

Seitosei.Actifin
Foucauld Charavay
Financial Communication

foucauld.charavay@seitoseiactifin.com
06 37 83 33 19

Seitosei.Actifin
Isabelle Dray
Financial Press Relations

isabelle.dray@seitosei-actifin.com
06 85 36 85 11


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