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West Jordan, Utah ­/ July 21, 2020 – Novva Inc., today announces the launch of its new company, and that it has commenced the development of Utah’s largest hyperscale data center campus. Located in West Jordan, Utah, the campus will be the state’s largest purpose-built multi-tenant campus for enterprise clients. Novva will invest over $1 billion in the next several years, spanning four phases, totaling over 1.5 million square feet of data center space.

The first phase, currently under construction, consists of a substation, a 300,000 square foot Data Center Hall, and an additional 80,000 square feet for Novva headquarters. The data center will be available for client deployments in early 2021.

Novva intends to target proximate and non-proximate clients, primarily competing with Arizona, Nevada, Colorado, and Oregon. “The facilities are state-of-the-art, imaginatively engineered, purpose designed and built, and of such scale that it will accommodate 250KW clients to 30MW clients,” said Wes Swenson, Founder and CEO of Novva. Wes Swenson is a veteran in the tech arena, and the former CEO of C7 Data Centers, which was acquired by Databank in 2017.

Novva’s data centers will allow for autonomous client bespoke suites, optional turn-key, as well as secure multi-tenant services. Novva has designed and engineered the facilities to operate without water year round, to utilize solar energy, and cool with ambient air, keeping sustainability at the forefront. In addition, the facilities allow for short cycle demand builds, carrier neutral, flexible power designs in N, N+1, and 2N, and a revolutionary downward flow hot air containment system.

Added Swenson, “We believe Utah is a hidden gem for one of the largest wholesale colocation campuses in the United States. Some of its attributes include: low cost power, low disaster risk, low latency, dense long haul fiber, high altitude cold desert, central Western US location, an expanding International Airport, and no sales tax on equipment purchases. We can offer our clients some of the lowest TCO in the industry, located in a strategic part of the US for both hub and edge compute, while offering unparalleled service.”

About Novva

Novva Inc. is a privately held company that, in partnership with CIM Group, focuses on new, purpose designed and built data centers. Novva provides wholesale, and multi-tenant colocation infrastructure services to local, national, and international clients. For more information about Novva, visit www.novva.com, or for press relations, Beccy Bingham at 801-830-4132.

About CIM Group

CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM’s diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. For more information, visit www.cimgroup.com.