Advisory and Development at the intersection of energy and compute markets.

End-to-end development and commercial expertise across the energy–compute stack — from site, interconnection, and powered-land and gas infrastructure development to compute markets, energy procurement and offtake, capital formation, and M&A.

What We Do

From capital to molecules or electrons to compute — and the commercial frameworks and infrastructure that connect them.

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Site, Interconnection & Powered-Land Development

Front-of-the-meter and behind-the-meter site and powered-land development — grid access and interconnection, generation and storage integration, and speed-to-power for gigawatt-scale demand.

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Gas Infrastructure Development

Natural-gas pipeline and supply, firm transport, gas-plant development, and alternative fuels including ammonia — originated and advanced from concept through precedent-agreement and construction readiness.

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Compute Markets & Infrastructure Development

Compute hedge structures, reference indices, pricing methodologies, contract terms, and credit and risk frameworks — alongside data-center infrastructure development and operations.

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Capital Formation & M&A

Deal structuring and capital formation, project finance, and M&A diligence and ROI underwriting — turning complex projects into financeable, investable outcomes.

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Market Entry & Business Buildup

Go-to-market and business development for energy and technology companies — offtake origination, partnerships, capital raising, and manufacturing and operational scale-up.

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Energy Procurement & Offtake

PPAs, capacity, and utility, municipal, co-op, corporate, and hyperscaler offtakes — with fuel and transport, credit support, and environmental attributes.

Who We Serve

The people developing, building, investing in, and trading around energy and compute infrastructure.

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You're a developer or owner-operator of energy or data-center assets advancing projects and optimizing development, commercial operations, revenue, and long-term value.

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You're an investor in energy or compute infrastructure — electrons or molecules — needing diligence on market evaluation, commercial operations, or development.

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You're a hyperscaler, neocloud, colocation provider, or large power user navigating power availability, procurement, siting, interconnection, and speed-to-power.

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You're an asset-light commodity or compute trading firm that needs sharper market analytics, hedging strategy, or risk management.

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You're an energy or infrastructure technology company (e.g., BESS, fuel cell, SMR) seeking market entry, business development and offtake origination, capital raising, or scale-up.

Who We Are

Two decades at the commercial edge of energy and compute infrastructure.

Cheng Chang

Founder & Principal · Energy & Compute — Commercial & Development

Infrastructure, business development, and commercial executive with 20+ years originating, structuring, negotiating, and closing utility-scale power transactions, offtakes, and development partnerships. He has structured a $7B+ / 10 GW+ career portfolio of data-center and large-load offtakes — including a landmark $1B+ hyperscaler transaction — spanning powered-land, gas infrastructure, generation, storage, and compute-market structures.

  • SVP, Lotus Infrastructure Partners (formerly Starwood Energy Group)
  • Global Head, Commercial Development & Trading, InterGen
  • Leadership roles, GDF SUEZ North America · Board Member, NEPGA
$7B+ / 10 GW+
Data-center & large-load offtakes
$1B+
Landmark hyperscaler deal
100+
M&A & transactions advised
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