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PowerHouse Underscores Growth Strategy, Continues Curating Industry Pioneering Team with Trio of Leaders to Deliver Leading-Edge Results Across Hyperscale Project Portfolio

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Complementing Recent Strategic Additions, Luke Kipfer Named Managing Director, Patrick Pline Elevated to Senior Vice President of Acquisitions and Development, AWS Alum Pete McGrath Joins Exemplary Team

MCLEAN, Va., Aug. 22, 2024 /PRNewswire/ — PowerHouse Data Centers, a leading real estate partner for next-generation hyperscale data centers and division of American Real Estate Partners (AREP), today announces a trifecta of strategic leadership changes to fuel its commitment to innovation and growth. Luke Kipfer has been named PowerHouse’s Managing Director of Development and Construction, Patrick Pline has been elevated to Senior Vice President of Acquisitions and Development, and Pete McGrath has joined as Vice President of Development and Construction. With this announcement, PowerHouse continues its operational momentum and its role as a visionary partner for the world’s most advanced hyperscale data center deployments.

A trifecta of strategic leadership changes fuels PowerHouse’s commitment to innovation and growth.

“In this industry, there is a monumental difference between delivering an outcome that meets requirements and an outcome that truly outperforms. At PowerHouse, we know that difference is built from the ground up. Luke’s exceptional leadership and deep expertise have been invaluable to PowerHouse’s growth; his guidance is instrumental for our data center development over the coming decade. I am equally excited to elevate Patrick to oversee site selection and master planning of our sites, and to welcome Pete McGrath, whose extensive experience with hyperscale customers and innovative mindset will greatly enhance PowerHouse’s ethos and capabilities,” states Doug Fleit, co-founder and CEO of PowerHouse and AREP.

As managing director, Kipfer oversees PowerHouse Data Centers’ development and construction operations. Kipfer previously served as PowerHouse’s executive vice president of development and construction, demonstrating exceptional leadership in planning and executing PowerHouse’s projects, advancing its data center construction across five markets, and developing a multi-disciplined team of experts.

Pline’s promotion to the acquisitions and development role highlights his multi-disciplined expertise in managing approximately $2 billion in construction projects and spearheading some of AREP’s most complex, mission-critical developments, such as PowerHouse’s ABX-1 data center and the U.S. Customs and Border Protection headquarters in Ashburn, Virginia

McGrath joins PowerHouse as development and construction vice president, bringing over three decades of data center construction experience, including managing Northeast U.S. construction for AWS, delivering billions in data center capacity. His addition strengthens PowerHouse’s ability to stay ahead of industry growth and meet evolving technical demands.

“With more announcements coming up, these team promotions and additions represent the highest level of expertise and real estate acumen, which will pay dividends for our customers and further demonstrate why PowerHouse is one of the leading data center development firms in the country,” added Fleit.

The promotions of Kipfer and Pline, along with the addition of McGrath, come on the heels of the company’s recently announced strategic new hires, SVP of Asset Management and Development Matt Monaco, as well as its new Director of Data Center Utilities, Will McCausland. As PowerHouse continues to thoughtfully expand its portfolio of next-generation data centers, redefining the landscape of precision hyperscale infrastructure, its proven real estate leadership and cadre of technical design, construction, and development experts remain its most valuable asset. Most recently, its team has empowered expansion activity in five new markets across four different states in the span of a year, bringing the company’s portfolio to a total of 10.4+ million square feet and 2.3+ GW of utility power.

With dozens of new projects on the horizon, PowerHouse shows no signs of slowing its pace of prolific growth — or its ascension to the top of the data center industry. For all the latest news about PowerHouse Data Centers’ new hires follow them on Linkedin here.

About PowerHouse Data Centers
PowerHouse Data Centers, a wholly owned division of American Real Estate Partners (AREP), is a developer and owner of next-generation data centers and provides technical real estate solutions for hyperscalers nationwide. Starting in Northern Virginia’s Data Center Alley, the world’s largest data center market, before strategically expanding to key markets across the United States, PowerHouse owns its land sites, offering unparalleled fast-track approvals and zoning approvals in its full suite of development services.

As an industry disruptor, PowerHouse provides flexible next-generation data center models with the quickest speed to market of any data center while meeting hyperscalers’ growing market, data, utility, and space demands. The company has 30 buildings currently in planning or underway, representing over 2.3 GW of power in six major US markets. Operating as the data center division of AREP, PowerHouse is uniquely positioned as a leader in world-class data center development. With some of the industry’s deepest real estate relationships, PowerHouse leverages its strategic joint venture partnerships, proven leadership, and best-in-class technical expertise to deliver innovative real estate solutions nationwide. Visit our newsroom for more information, and follow us on LinkedIn, YouTube, and X.

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SOURCE PowerHouse Data Centers

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Motorcyclist and Mechanic Share Evidence of Critical Engine Failure, Highlighting Widespread Issues with MV Agusta’s Product Quality and Customer Service

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A longtime MV Agusta owner is publicly raising concerns about severe engine failure and a lack of response from MV Agusta USA after his newly purchased 2018 MV Agusta F3 800 RC motorcycle experienced a “valve drop” malfunction, leading to extensive engine damage. Despite an initial promise of a goodwill repair, the company ceased communication, leaving the owner without support. Detailed documentation of the damage and images were shared in a blog post, revealing similar failures reported among other MV Agusta models. The owner is now urging the National Highway Traffic Safety Administration (NHTSA) to investigate this widespread and potentially hazardous issue.

ATLANTA, Nov. 13, 2024 /PRNewswire-PRWeb/ — A motorcyclist and long-time MV Agusta owner is coming forward to share his troubling experience with MV Agusta USA, highlighting what he describes as critical product failures and unresponsiveness from the company’s customer service team. After purchasing an MV Agusta F3 800 RC second-generation motorcycle in April 2024, he experienced a significant engine failure only one month later, sparking a months-long struggle to obtain support from MV Agusta USA, which eventually ceased communication. This incident raises concerns not only about product quality but also about safety, as similar mechanical failures have been reported among other MV Agusta owners.

“This is a serious design flaw that could put lives at risk. The lack of response from MV Agusta USA is unacceptable, and I would caution anyone considering buying from the brand until they demonstrate a commitment to supporting their customers and addressing these safety issues.”

The motorcyclist, who purchased the bike with under 7,000 miles, describes how the bike suffered a “valve drop” failure, a known issue with first-generation MV Agusta 800 CC engines that the company purportedly addressed in subsequent models. Despite this, the engine failure led to complete destruction of essential engine components, resulting in a total loss of the engine. The failure mode itself, related to valve spring malfunction, poses a serious safety risk, as it can cause the engine to stall during operation – a situation that could be fatal in uncontrolled environments. Fortunately, the failure occurred in a safe setting for this rider.

“When I first contacted MV Agusta USA about the engine failure, they initially acknowledged the issue and agreed to consider a goodwill repair, given the bike’s low mileage,” the rider explains. “However, after three months of delayed responses and countless back-and-forth emails, the company stopped responding altogether, leaving me with a bike in pieces and no available parts for repair.” said George B, the owner of the motorcycle.

The engine failure, which left the bike in need of extensive repairs, has proven to be a common issue among MV Agusta motorcycles, with several other owners reporting similar incidents of “valve drop” and engine failure across both first- and second-generation models. Many affected customers have voiced their concerns in online groups, underscoring what appears to be a widespread issue that the manufacturer has yet to adequately address.

The Atlanta mechanic that inspected and attempted repairs on the damaged engine has published a blog post, with the permission of the owner of the motorcycle, with detailed images of the engine damage, explaining the severity of the valve drop failure. The post also references other sources indicating that this issue is known to MV Agusta USA, yet it remains unaddressed for customers. By sharing his professional perspective, the Atlanta mechanic aims to inform other MV Agusta owners and call attention to the product’s potentially hazardous design flaw.

The rider emphasizes that this ongoing problem with MV Agusta’s product quality and customer service should be subject to scrutiny by the National Highway Traffic Safety Administration (NHTSA) to consider a recall for the affected models. “This is a serious design flaw that could put lives at risk. The lack of response from MV Agusta USA is unacceptable, and I would caution anyone considering buying from the brand until they demonstrate a commitment to supporting their customers and addressing these safety issues” ,said George B

The lack of available parts and MV Agusta USA’s limited response has now left the rider’s bike inoperable for over seven months. As an owner of multiple MV Agusta motorcycles, he states, “I love the brand, but this experience has been nothing short of frustrating and disappointing. It’s not only about the money but about the complete disregard for customer safety and satisfaction.”

About MV Agusta USA

MV Agusta USA is a subsidiary of MV Agusta, the renowned Italian motorcycle manufacturer known for its premium sport bikes. The company is dedicated to delivering high-performance motorcycles crafted with Italian engineering excellence. MV Agusta’s motorcycles are favored by enthusiasts worldwide, with a commitment to innovation and luxury that has been part of the brand since its founding.

Media Contact

George B, Mini Boss Mobile Mechanic, 1 678-608-0681, customers@minibossmobilemechanic.com, https://minibossmobilemechanic.com/

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SOURCE Mini Boss Mobile Mechanic; Mini Boss Mobile Mechanic

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The Globalization Path of EPG CEO Alick Wan: a New Player Ready to Rock the Data Center Industry

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SHANGHAI, Nov. 14, 2024 /PRNewswire/ — On October 9-10, EPG Group made its second consecutive appearance at the 2024 Data Centre World Asia (Singapore Data Centre Exhibition) after making a successful debut at last year’s exhibition. During the exhibition, EPG showcased its advanced liquid cooling system developed for AIDC, as well as several prefabricated (modular) solutions for IDC&AIDC construction.

EPG, a leading AI infrastructure service provider, an integrated enterprise that combines R&D, manufacturing, and services of prefabricated data centers, is gradually gaining prominence in the data center industry, redefining the future with its innovative products.

Alick Wan, the chairman and CEO of EPG, with exceptional foresight and courage, has spent nearly three decades, building his own business empire from the ground up.

From Small County to Nationwide

Wan was born in Jinhu County, a small city in northern Jiangsu surrounded by lakes. Rivers and streams were where Wan spent his childhood at. From an early age, he understood the deceptive power of water – serene yet forceful. These early experiences shaped his calm demeanor and resilient spirit.

In 1997, six years after graduating from college, Wan founded his first company. As a first-time entrepreneur, he chose the electromechanical equipment industry, leveraging his familiarity with the sector.

Wan always had an international vision and an open mindset for his business, and was intent on spotting new opportunities in the market. He established joint ventures with business partners from Singapore and Hong Kong, China, which gave him access to business opportunities from large multinational engineering companies.

After participating in projects in more than 60 countries worldwide, his company gradually emerged in the power system segment, accumulating considerable influence.

In 2004, to realize the bigger blueprint in his mind, Wan decided to start his next business chapter. That year, he founded EPG.

Engine, Power, and Generate

Wan says that the company’s name, “EPG,” stands for Engine, Power, and Generate, symbolizing the company’s mission to serve as a powerful engine that drives significant advancements in society.

“In the past, building data centers in China followed the mindset of constructing buildings” said Wan. “However, the ever-growing trend of data centers also faced growing pains—high costs, being time consuming, and not to mention higher energy consumption and more water consumption, which not only increased their costs but also had more negative environmental impacts.”

Wan then sensed a “green trend” and the market demand behind it.

To this end, EPG developed a green data center construction solution: Besides conventional renewable energy sources such as wind and solar power, microgrid technology can provide a more stable and diverse combination of renewable energy.

In addition, cold plate liquid cooling’s internal circulation and dry cooler’s external circulation can cool high-power AI servers, significantly reducing data centers’ water consumption.

Amid the trends of green energy conservation and efficient standardization, the construction method of data centers has also undergone tremendous changes, shifting away from the traditional civil engineering approach to a “Lego-like” one.

The fully prefabricated modular data center solution overcomes the downsides of traditional data center construction. It redesigns and optimizes the distribution of computer rooms, power generators, and other modules, concentrating them in cabins. For clients, these cabins serve as ready-to-use “building blocks” that can be flexibly combined into a data center based on different client needs.

Overseas, this new construction method can shorten the delivery cycle of traditional data centers from 24 to 36 months to 9 to 12 months. At the same time, prefabricated data centers can reduce the total construction cost of overseas projects by 30 to 50%.

Growing with AI, EPG Explores Globalization Path

In recent years, the field of AI has ushered in a surging wave of development. Wan quickly seized these new development opportunities.

“The development of AI will promote the development of chip and server technologies, bringing disruptive challenges to data center construction, and we need to make fast moves too,” Wan said, expressing his views on the AI market, “AI is a large-scale, fast-growing industry, expected to grow at a compound annual growth rate of 36.6% from 2024 to 2030. On the other hand, AI is also a highly globalized industry, requiring a global perspective and execution for almost all business aspects.” Wan said.

Wan firmly believes that only by entering the most frontier markets and mastering first-hand information can the best business decisions be made. Therefore, EPG’s globalization blueprint is unfolding.

In recent years, EPG has extended its business to the Southeast Asian region and established a Southeast Asian subsidiary. Wan stated that the demand for cloud services, artificial intelligence (including AIGC and AGI.), and the Internet of Things (IoT) is continuously growing in the region. At the same time, public and private organizations, as well as multinational companies, are actively investing in IDC (Internet Data Centers) and AIDC (Artificial Intelligence Data Centers) in Southeast Asian countries. Wan believes that the Southeast Asian market is the next growth point for EPG to seek business breakthroughs.

“We have invested in factories in the Southeast Asian region and have attracted many talents to join, aiming to create a more localized business development model,” Wan said, “In addition, EPG is also actively exploring data center markets in Europe, America, and other global regions. In the future, we will use Southeast Asia as a bridgehead to integrate and optimize the supply chain ecosystem and create data center products and solutions with global competitiveness.”

Currently, EPG has strong R&D and manufacturing capabilities overseas, as well as a strong sales network. As the only prefabricated service provider with self-built factories both domestically and internationally, EPG’s footprint has covered markets in Singapore, Malaysia, Indonesia, Vietnam, Thailand, UAE, Spain, and the United States, and is gradually exploring multiple emerging markets.

In 2023, Wan enrolled in CKGSB (Cheung Kong Graduate School of Business), and after completing his studies in 2024, he signed up for the fifth session of the ASEAN-RCEP Leaders Program at CKGSB. As the enterprise enters a new stage of development, he recognizes the need to continuously be on a learning journey, so in order to successfully meet the challenges of today and tomorrow

About EPG Group

EPG Group is a leading manufacturing company specializing in prefabricated (modular) data center products. With a robust R&D team based in Shanghai, our high-end manufacturing plants in Shanghai and Malaysia, and a significant presence across Southeast Asia, the Middle East, and the United States, we are at the forefront of innovation in the data center and power systems industry.

Our global footprint includes company setups in Hong Kong, Shanghai, Beijing, Suzhou, Shenzhen, Chengdu, and Langfang. With over 20 years of experience, we have delivered innovative solutions for hyperscale data center projects across Asia, Africa, South America, and the Middle East.

EPG Group is committed to pushing the boundaries of technology and providing top-tier solutions to meet the evolving demands of the industry, bringing cutting-edge technology and unparalleled expertise to our clients worldwide.

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SOURCE EPG Group

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Shawn Carter Foundation in Collaboration with Coalition for Equity and Opportunity at the Wharton School of the University of Pennsylvania with support from Toyota Launch ‘Champions for Financial Legacy’ Program for HBCUs

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NEW YORK, Nov. 13, 2024 /PRNewswire/ — The Shawn Carter Foundation, with generous support from Toyota Motor North America, is proud to introduce Champions for Financial Legacy (CFFL), a comprehensive financial education initiative designed to empower students at Historically Black Colleges and Universities (HBCUs) and surrounding communities.

Developed in collaboration with The Coalition for Equity and Opportunity at the Wharton School of the University of Pennsylvania, CFFL is modeled after Professor Keith Weigelt’s accredited curriculum at the Wharton School and Bridges to Wealth, a financial education and wealth-building program that Dr. Weigelt has offered to the Shawn Carter Foundation community of scholars and families since 2017.

CFFL is the latest initiative resulting from the ongoing collaboration between the Shawn Carter Foundation (SCF) and Toyota Motor North America, a long-time supporter of SCF’s annual HBCU Bus Tour.  With Toyota’s generous support of CFFL, the vision to expand the program to HBCU students and local communities is made possible. 

“We are excited to see our partnership with the Shawn Carter Foundation evolve to include this innovative initiative,” said Monica Womack, general manager, D+I and community engagement, Toyota. “One that not only provides resources to HBCU students but also reaches the heart of the community, through advocacy for financial literacy.”

CFFL aims to reduce the growing wealth gap by equipping students with the financial knowledge and skills needed for economic success and social mobility. Topics include budgeting, market risks and returns, mutual funds, credit scores, stock markets, and more. By fostering financial fluency and community engagement, the program seeks to change the trajectory of intergenerational wealth and build a more equitable future.

“Every day at the Shawn Carter Foundation, we dedicate ourselves to uplifting students and communities that are underserved,” said Dr. Gloria Carter, Shawn Carter Foundation CEO and Co-Founder. “To launch a financial education program that will reach more students and communities, along with dedicated partners like Toyota and the Wharton School of Business, is a vision we are finally seeing come to fruition.  We are so excited to see the incredible impact of CFFL unfold and look forward to its growth.”

“One way to strengthen the resiliency of middle-class households is to increase their ability to generate wealth,” said Dr. Keith Weigelt, Marks-Darivoff Family Professor of Strategy at The Wharton School, University of Pennsylvania and Founder of Bridges to Wealth. “I thank both the Shawn Carter Foundation and Toyota for their foresight in addressing a long-neglected social disparity.”

The curriculum includes real-world applications and service-learning components, allowing students to apply their financial knowledge in community settings, thereby expanding the ecosystem of wealth-building and fostering local development.

“The Wharton Coalition for Equity and Opportunity (CEO) is pleased to partner with the Shawn Carter Foundation and Toyota in launching the financial legacy program with several HBCUs. This partnership will help us remain committed to closing the wealth gap through an evidence-based approach,” said Dr. Fareeda Griffith, CEO managing director.

The inaugural CFFL program will be implemented in Spring 2025 at Lincoln University, Norfolk State University, and Virginia State University, with plans to expand to other HBCUs. University-appointed faculty from each school will receive free professional development training, and trained student ambassadors will amplify the Champions for Financial Legacy course offerings on their respective campuses for enrollment.

For more information, visit Champions for Financial Legacy.

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SOURCE Shawn Carter Foundation

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