Leasing, Transactions, and Commercial Terms
Letter of intent summarizes major business terms before definitive agreements. It is usually non-binding except for specific provisions, but it sets expectations on price, power, diligence, exclusivity, confidentiality, deposits, and timing.
Static transfer switch rapidly transfers a load between two power sources when one source falls outside acceptable limits. It can improve source redundancy for critical loads but adds controls, fault-current, and coordination complexity.
Read definition →Tier II adds redundant capacity components but still generally requires shutdowns for some maintenance and has distribution-path exposure. It is a step up from basic capacity but not concurrently maintainable.
Read definition →Investor-owned utility is a privately owned utility regulated by public utility commissions and accountable to shareholders. IOU service territories, tariffs, planning processes, and economic-development practices can materially shape data center site feasibility.
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