Full-Time
Acquires, monetizes, and manages data centers
$140k - $170k/yr
Houston, TX, USA
Remote
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ServerFarm provides data center capacity as a service, owning and operating data centers and leasing capacity to customers as a managed service. Its offering works by acquiring data center properties and, through its InCommand software for remote management, enabling customers to consume IT infrastructure like a utility rather than owning capital-intensive facilities. The company differentiates itself through an asset-backed, real estate–driven model that scales via acquisitions (e.g., 5NINES Global Holdings) and strategic partnerships, giving it a global footprint across North America, Europe, and Israel, with an integrated approach to owning facilities and delivering managed services. Its goal is to grow a portfolio of modern, high-capacity data centers to meet rising demand for digital infrastructure, supported by partnerships with large investors (such as Manulife Investment Management) to accelerate expansion.
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$1.7B
Headquarters
El Segundo, California
Founded
2010
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Gov. Abbott orders review of proposed data centers as AI boom raises questions about Texas power grid, water use. Serverfarm expansion in northwest Houston highlights growing debate over balancing economic growth with energy and community concerns. Keep Watching As artificial intelligence fuels a rapid expansion of data centers across Texas, Gov. Greg Abbott is ordering a closer review of proposed projects before they are allowed to connect to the state's electric grid. The governor's directive requires the Public Utility Commission of Texas and the Electric Reliability Council of Texas (ERCOT) to conduct a comprehensive review of proposed data center projects, saying the goal is to protect the reliability of the Texas power grid as electricity demand continues to grow. Under Abbott's order, developers must provide information about their expected electricity demand, water use, cooling systems, tax incentives, project ownership and how they plan to reduce impacts on nearby communities before moving forward with new grid connections. The announcement comes as Texas continues to position itself as a national leader in artificial intelligence and cloud computing infrastructure. Northwest Houston data center expanding One project already underway is the Serverfarm data center on Cutten Road in northwest Houston. According to the Texas Department of Licensing and Regulation, Serverfarm filed plans to build a new $137 million data center at the site. Neighbors say data centers have operated at the location for decades under previous owners, making the latest project an expansion of an existing campus rather than an entirely new facility. "It's just an expansion of one that's been here for a while," resident Ken Rice said. "It's a much smaller footprint of building, so I'm not surprised in this day and age of AI and all that that brings." Texas experiencing a data center boom Texas has become one of the nation's fastest-growing markets for data centers. Industry databases also show the Houston area is one of Texas' largest data center markets, with more than 60 facilities across the metropolitan area. Supporters say the facilities create construction jobs, attract private investment and help meet the growing demand for artificial intelligence, cloud computing and digital services. But the rapid growth has also sparked questions about whether the state's infrastructure can keep pace. Residents express mixed feelings Residents living near the Serverfarm campus say they recognize the economic opportunities data centers can bring, but they also want to understand how the projects could affect surrounding neighborhoods. "It mixed, mixed feelings," said David Parra. "I mean, I know it's, you know, jobs for some, but also kinda like an eyesore for the rest of the community. I don't know how, how much of an impact it will have on the area, so, time will tell." Rice said his biggest concerns involve electricity and water usage. "Taking the bigger picture, certainly with the needs that data centers have vis-a-vis electricity and water usage, that's been brought before," Rice said. "So, certainly that's a concern." He added that while he believes data centers are part of the future, growth should be carefully managed. "It's a business, jobs, the digital age, these things are a natural advancement of what's going on. So, we're gonna need them, but let's be responsible." Parra also wants more information about how facilities use water. "So that's kind of my question is like, what are they doing with the water? Like, is it one way or is it like being a recycle," he said. Rice said he supports the governor's decision to require additional review before more projects move forward. "I think it was a smart move to put... things down for a little bit, just make sure we're doing this the right way," he said. Concerns extend beyond Houston The debate over data centers is not limited to northwest Houston. In Alvin, city leaders recently approved a resolution opposing new data center developments within city limits. Those concerns mirror conversations taking place across Texas as communities weigh the economic benefits of attracting large technology projects against questions surrounding electricity demand, water resources and neighborhood impacts. Could consumers eventually pay more? One question many Texans have is whether the rapid growth of large electricity users could eventually affect their monthly utility bills. University of Houston electrical engineering professor Dr. Harish Krishnamoorthy said accommodating massive new industrial loads requires significant planning. "So that is going to increase the consumer cost, unfortunately," Krishnamoorthy said. "That said... there is the cost of these really large loads, data centers and other industrial loads, which ERCOT is planning for." His comments come as ERCOT continues planning for increasing electricity demand driven by population growth, industrial expansion and the rapid adoption of artificial intelligence technologies. Why the governor says the review is needed According to the governor's office, the review is designed to ensure proposed data centers can be integrated into the Texas electric grid without compromising reliability. Developers will be required to disclose: * Expected electricity demand * Water use and cooling systems * Tax incentives or public financial assistance * Ownership information * Steps to reduce impacts on nearby communities State leaders say the additional review will help ensure future projects can support Texas' growing economy while protecting the electric grid and surrounding communities. Serverfarm did not respond to KPRC 2's request for comment regarding Governor Abbott's order before this story aired.
Clarksville, Ark., approves up to $55 billion in bonds for Serverfarm's $6.6 billion data center. The Clarksville City Council approved industrial revenue bonds backing Serverfarm's $6.6 billion data center campus, capping a financing process that drew community pushback over transparency. The Clarksville, Ark., City Council voted Thursday, July 30, 2026, to approve up to $55 billion in industrial revenue bonds backing a $6.6 billion data center campus that California-based Serverfarm is building in the Arkansas River Valley, clearing the last major financing hurdle for one of the largest private investments in state history. The council approved two resolutions: one authorizing up to $5 billion in taxable industrial development revenue bonds for an entity called SF ARK1, and a second authorizing up to $50 billion in taxable bonds for an affiliated entity, Hatchbo. City officials have said the bond authorizations do not create financial obligations for Clarksville or its taxpayers. Under Arkansas's Act 9 industrial development program, the city holds title to the project while the bonds are outstanding and leases the facility back to the project company, with lease payments structured to equal the bonds' debt service. The vote follows a delay: the council tabled four related resolutions on July 13 after aldermen said they needed more information, holding a work session on July 20 before returning to approve the financing package on July 30. According to Serverfarm's own project materials, the Clarksville campus will span roughly 135 acres and include multiple 300,000-square-foot buildings across two floors each, with 72 megawatts of power capacity per building. The company says the facilities will use an air-cooled chiller system with a power usage effectiveness rating of 1.3 or lower, and a closed-loop water system it says consumes about 70% less water than traditional data center cooling. The first two buildings are targeted for completion in January 2028. Serverfarm projects the project will generate approximately $558 million in public local benefits through 2060, including $548 million in payments in lieu of taxes, $3 million in upfront city and county agreement fees, and $840,000 in construction permit fees. The company has also proposed funding a $6 million community development center. Serverfarm says the campus will pay for electrical upgrades across the Clarksville Connected Utilities service area without raising rates for existing residential customers, addressing capacity constraints the company says have limited regional economic development. On employment, Serverfarm says the construction phase will draw thousands of workers from regional contractors and skilled trades, while permanent operations are expected to support 150 to 400 indirect regional jobs in maintenance, electrical work, HVAC and specialty contracting. The company says it plans workforce partnerships with Arkansas Tech University and the University of the Ozarks to build career pathways in data center operations, cybersecurity and industrial controls. The project has drawn a mixed reaction locally. According to Route Fifty, roughly 100 residents attended a town hall on the project, submitting more than 80 questions in advance, with some residents citing frustration over limited advance notice and unclear details on the benefits package before tree-clearing work began in January. Resident Bryan Connerly was quoted saying, "I don't think I'm the only one that believes big corporations don't always keep their promises." Serverfarm responded that "we understand a project of this size generates questions, and we welcome these conversations." The Clarksville campus is one of six data center projects that have been announced across Arkansas, part of a broader wave of hyperscale and colocation data center investment reshaping construction pipelines nationally. RealtyWire has separately covered other major data center financings and developments, including Equinix's $3 billion bond sale to fund data center growth and Meta and BlackRock's $14 billion joint venture for an El Paso, Texas, campus. What it means: The bond structure is a financing mechanism, not a direct city expenditure - the debt is backed by lease payments from the project company, not general tax revenue, and Clarksville officials say the city bears no liability if the project were to default. The scale of the authorization, at up to $55 billion, reflects the capital intensity of hyperscale data center construction rather than the ultimate project cost, which Serverfarm has pegged at $6.6 billion. What remains to be seen is how the promised $558 million in local benefits materializes over the project's multi-decade timeline, and whether the permanent job counts match the company's projections once the facility is operational in 2028.
Clarksville City Council to consider tax break for a $6.6B data center. 7 hours, 57 minutes ago Clarksville to weigh tax break for center The Clarksville City Council is scheduled to hold a special meeting Thursday night to take up bond issues and a tax abatement agreement related to the construction of a $6.6 billion data center on city grounds. The meeting is 5 p.m. at Clarksville City Hall, 205 Walnut St. Serverfarm, a California-based data center developer, is building the data center on a 135-acre site just north of Interstate 40, near the Johnson Regional Medical Center. According to the Serverfarm website, the data center is expected to generate about $558 million in public local benefits through 2060. This includes $548 million in payments in lieu of taxes. The company is also proposing the construction of a $6 million community development center. The council will also consider a community development grant agreement for the data center. Construction of the data center at Clarksville is in progress. Google has started construction on a hyperscale data center in West Memphis with a completion target of 2028 or 2029. - Sydney Sasser Glitch causes stall in American flights WASHINGTON - A brief nationwide halt to departures over a technical glitch stalled American Airlines and its regional carriers Tuesday night. The Federal Aviation Administration issued a ground stop for American Airlines flights that took effect around 5:30 p.m. and was canceled 6:18 p.m. because of a computer problem. The issue delayed hundreds of flights because planes could not depart until it was resolved, and it came as many U.S. East Coast airports were experiencing significant delays and ground stops because of thunderstorms. "Systems are coming back online now and flights are departing again," American said in a statement. "We put a temporary ground stop in place while our teams worked to resolve the issue. We apologize to our customers for the inconvenience." FlightAware, a flight-tracking site, said American had delayed 1,100 flights, or 30%, on Tuesday and canceled 221, or 6% of flights. Flightradar24, another aviation website, said as of 6 p.m. there were 130 fewer flights in the air than at the same time last week. State index up 4.81, closes at 1,195.86 The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, closed Wednesday at 1,195.86, up 4.81 points. "Equities initially rallied following the Federal Reserve decision to leave interest rates unchanged following their July meeting but stocks subsequently closed lower on concerns over what actions were needed by the Fed to calm inflation," said Leon Lants, managing director at Stephens Inc. The index was developed by Bloomberg News and the Arkansas Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Mixed opinions, limited information about $6.6 billion data center in Arkansas River Valley. Karen Fawley first recalls learning of plans to construct a data center near the Johnson Regional Medical Center when a friend mentioned the project in passing two years ago. Fawley said she wasn't following the project closely. Then, in January, she watched the razing of a tree-covered hillside through her mother's hospital room window. "It was really a surprise," Fawley said. "We knew that it was gonna happen, or we at least thought it was gonna happen, but we didn't know when. And then I just looked out the window and it was just, it was happening." That hillside next to the hospital now has a tall crane that dwarfs the surrounding area and the beginnings of what will eventually become a data center. The groundwork for the project was laid quietly in 2022, and with the support of local officials - and an initial lack of public pushback - it has progressed steadily through various zoning and city council approvals without much controversy. The $6.6 billion data center - one of six such projects announced in Arkansas - is being built by Serverfarm, a California-based company with facilities around the world. Unlike Little Rock and Pulaski County where residents have been vocally opposed to two planned data centers, opposition appears more muted in Clarksville, and some have expressed optimism online about the benefits the Serverfarm facility could bring. But there is also skepticism and frustration from those who say they were blindsided by the project - a common refrain at a time when many small towns across the country are grappling with data centers springing up in their backyards. Some Clarksville residents hope the center leads to good jobs and more money for schools, roads and law enforcement. Others have questions about environmental impact, utility costs and whether the city is giving away too much to receive too little. The desire for more information was evident during a community-organized town hall at the University of the Ozarks last Monday. The event occurred immediately after the Clarksville City Council meeting where members tabled resolutions to issue up to $55 billion in industrial development revenue bonds for the Serverfarm data center. About a hundred people attended the sometimes tense town hall. Community members submitted more than 80 questions in advance, said Debra Hobbs, one of the event organizers. Hobbs is also a former Republican state legislator who is running as an independent candidate against Republican Rep. Aaron Pilkington to represent House District 45, which includes Clarksville. Town hall organizers invited Clarksville's mayor, city council, city engineer and other local officials, including Pilkington, but only two of six city council members attended. Pilkington told the Advocate he was out of the country, and Clarksville Mayor David Rieder held his own meeting at the same time as the town hall. Rieder did not respond to several interview requests. In an emailed statement, Serverfarm spokesperson Kurt Widmann said the company is continuing to provide information to city leaders, and looks forward to sharing details of the project's benefits, including hundreds of permanent jobs and millions in tax revenue, with local residents. Like other Arkansas data centers, Serverfarm has created a website for the project. "We understand a project of this size generates questions, and we welcome these conversations," Widmann wrote. "Our goal is to build a campus that benefits Clarksville and its residents while complying with all applicable environmental requirements." Economic potential. Clarksville, a town of just under 10,000 in the Arkansas River Valley, is the kind of town that packs the stands for a peewee baseball game and hangs vibrant blue banners that read "Welcome Home" from lightpoles along downtown's main street. Nestled in between the Boston and Ouachita Mountains, it's the home of the Johnson County Peach Festival, the University of the Ozarks and a Tyson Foods hatchery. Though the hatchery has been economically beneficial, the closures of Baldor Electric and HanesBrands manufacturing facilities were a big hit to the region, Pilkington said. "Those were two big economic losses, and so while we've had some growth as well, we're teetering on the edge," he said. Pilkington, founder of a new group advocating for data center and AI infrastructure investment, said the region needs the jobs and tax revenue he says the completed data center will provide. The Republican lawmaker has been a proponent for expanded financial incentives for data centers, and sponsored legislation in 2023 that established sales tax exemptions for such projects. Eddie King, one of two city council members who attended last week's city hall, said young people are moving away from Clarksville because of a lack of good jobs. King said the town wouldn't have a main street if it weren't for Tyson. "We got plenty of convenience stores and Mexican restaurants and other kind of restaurants, but we don't have jobs that people can go out and make a retirement on, other than Tyson and Red Wing," King said. Many questions, few answers. The project's benefits remain an open question, in part because a "community benefits package" scheduled to be discussed at last week's city council meeting was pulled from the agenda. "A lot of it sounds like we got a lot of promises, but I don't think I'm the only one that believes big corporations don't always keep their promises," Clarksville resident Bryan Connerly told the Advocate. King and Christel Thompson, the two council members who attended the town hall, said they were unable to answer many of the questions submitted by the community. "I was hoping that the mayor and some of these other folks who had the answers would be here tonight," Thompson said. Despite the current lack of details, Thompson, a former public school teacher and principal, said she's hopeful the data center will benefit local public schools. Thompson said a visit to an operational data center in Oklahoma demonstrated how tax revenue supported construction of a facility focused on STEM - science, technology, engineering and math - that benefitted students. "They were able to partner with universities near there to train those students to go get jobs...because of the property tax they were able to get," Thompson said. A town engaged. Efforts to organize people to push back against the data center have run into cynicism, Hobbs said, and what some described as lagging civic engagement with local government. She said "people feel powerless," but the data center project "is challenging people to show up." Thompson said the city had not done a good job of "getting out in front of this" and informing the community of what was coming. Pilkington disagreed. "If people feel like they're kept in the dark, I don't necessarily know what they wanted us to do unless they want us to be running TV ads about what the project does," he said. No one group was at fault for the community being taken off guard by the data center, Fawley said. The city could have done more to alert residents, Serverfarm could have been better about conducting outreach, and residents could have been more proactive about learning what was happening in local government, she said. Fawley said it felt like nothing could be done once construction began, but the town hall was a wake-up call. "I just came away from it saying I need to know more about what's going on," she said. "That's part of the reason why my husband and I have been really trying to get more involved in things, because it's just what you should do." Arkansas Advocate is part of States Newsroom, a network of news bureaus supported by grants and a coalition of donors as a 501c(3) public charity. Arkansas Advocate maintains editorial independence. This article was published with permission from the Arkansas Advocate. Contact Editor Andrew DeMillo for questions: [email protected]. Follow Arkansas Advocate on Facebook and Twitter.
Avner Papouchado, Serverfarm CEO, speaking at TMT M&A Forum USA 2022. Last updated: April 5, 2026 5:02 am Published April 5, 2026 * September 21, 2022 Meet with its govt workforce schedule a gathering In New York Metropolis, the TMT M&A Forum USA event is because of start on September 28th, with Avner Papouchado, Founder & CEO of Serverfarm, attending as a keynote speaker on the panel dialogue: Knowledge Heart Funding Leaders - Discovering new paths to progress. Because the world's main monetary heart, New York is the proper place to discover how the funding neighborhood sees information heart firms as an rising and thrilling asset class. Amid surging demand, the tempo of information heart growth is driving the digital transformation of the worldwide economic system. Buyers need to know: How has greenfield financing developed over the previous 18 months+ to fulfill the information and funding demand? Matters the panel will focus on embrace: * How are hovering valuations impacting the deal making course of? * What impression are inexperienced initiatives having on information heart investments and financings? * What does the reducing quantity of public information heart friends imply for the business? * What impression is edge computing having on information heart investments? * How have these trying/making investments within the information heart area altered the face of the vertical? * With present valuations, the place and the way can buyers and operators deploy capital successfully? Avner Papouchado Avner Papouchado has over 25 years of expertise within the information heart business in addition to web and infrastructure markets with an revolutionary method to information heart sustainability and progress. Papouchado's methodology of modernizing present information heart amenities is accomplishable via sustainable and financial methods to fulfill the excessive capability calls for of purchasers. Papouchado leads Serverfarm by creating information heart options on a global scale because the challenges enterprises face embrace automating IT administration on innovation, sustainability measurements and stage setting stability sheets. Prev EarlierThe Tech Capital Options Serverfarm's Kevin Dillard on CFO 50 Listing SubsequentSensible Cloud and SaaS Suppliers Are Utilizing Serverfarm to Management Knowledge Heart Prices and Preserve Service Ranges Subsequent Again to Assets The put up Avner Papouchado, Serverfarm CEO, talking at TMT M&A discussion board USA 2022 appeared first on Serverfarm Knowledge facilities.