The whole plan, in one page

Yeats Edge in 60 seconds

We buy buildings with a power connection already in place, and lease them to the companies that run AI.

1

7–13 yrs for a new London connection

THE PROBLEM AI needs power near people Microsoft just walked away from a 50 MW site because the power isn't coming.

2 power still connected

THE ASSET Buildings with power already in Call centres, print works, exchanges: wired for loads they no longer use.

3

80,166 buildings mapped

FIND Every building in Britain, scored 24,535 could take 5 MW today. Our plan needs 16.

4

Power confirmed

Tenant signed

Funding in place

SECURE Three gates before we buy Until all three pass, only fees are at risk.

5 £4.0m per MW

PREPARE Secure, presentable, powered Fence, cameras, making good, a confirmed connection. All in.

6 £750k per MW a year

LEASE The operator brings the computers 10–15 year sterling lease. They carry all the kit.

THE FIRST STEP £25m 2 sites · 8 MW · about 3.5x in 3 years

THE PLATFORM 105 MW 16 sites in 5 years, each below 40 MW

WHAT IT COULD BE WORTH £1.26bn on £420m of cost, at a 5.75% yield

Figures modelled, not promised; every other assumption set on the cautious side. Sources at the back. Private and confidential · For discussion

How the money works, in one page

Buy at building prices, lease at power prices

£25m starts it. Each megawatt costs £4.0m and earns £750k a year.

EQUITY IN £25m drawn gate by gate

PLUS DEBT £10m only against signed leases

Phase one, start to finish

BUYS AND POWERS 8 MW

two buildings
£32m all in

NET RENT £5.5m

a year, 10–15 yr leases

WORTH IN YEAR 3 £96m at a 5.75% yield about 3.5x the £25m

Then repeat it: 16 sites in five years

8 MW

22 MW

48 MW

78 MW

105 MW

Year 1Year 2Year 3Year 4Year 5

£420m in total: £170m of equity, £253m of debt borrowed only against signed rent.

What 105 MW could be worth

£420m cost

£1.26bn at 5.75%

£1.12bn at 6.5%

4.8x
investors' return at 5.75%

3.1x
costs +25%, a year late, 7% exit

Cautious everywhere else: rent held flat, no extra income, works carried at £1.5m per MW against our £0.9m estimate.

Yeats Edge model, October 2026. Modelled, not promised; all figures in sterling; full assumptions in Appendix C. Private and confidential · For discussion

Our ability to deliver, in one page

One team, from first search to switch-on

Whatever the task, Yeats delivers it.

01

Sourcing Finding the buildings, on and off market, with our own power map.

02

Acquiring Terms, due diligence, legals and completion.

03

Power applications Applying to the network operator and securing the connection offer.

04

Planning Change of use, consents and the conditions that follow.

05

Civils for the supply Cable routes, trenching, wayleaves and the substation to bring power in.

06

Works to the building Security, making good, welfare and fire: secure and presentable.

07

Consultants and specialists Power engineers, surveyors, cost consultants and lawyers, appointed and managed by us.

08

Boots on the ground Our own people on site, every day, until the building is handed over.

Engine Works Park, Margate, from the air

ALREADY DONE Engine Works Park, Margate: bought, planned and built by our team.

FOR THE OPERATOR One point of contact, from the first search to the day the power is on. They bring the computers. We handle everything else.

Specialist work is carried out by appointed consultants and contractors, managed by the Yeats team. Private and confidential · For discussion