As part of The Power Technology Group, PBS brings decades of experience in complex financial and advanced technology business solutions. The joint venture is designed to accelerate data center development by integrating engineering, construction, associated power-generation capabilities, and optimized supply chains for critical components.
"This JV brings together decades of PBS and Power Technology Group experience in the development and construction of complex facilities—including data centers—with EIGGT's extensive financial expertise and more than $5 trillion in deployable collateral assets to facilitate financing," said LP Ribble, CEO of Power Business Solutions. "Together, we are aligning capital, execution, and supply-chain optimization to meet growing market demand."
A spokesperson for The Power Technology Group stated, "We are excited to work with EIGGT and see this joint venture as a strong alignment of long-term capital with PTG's technology-driven approach to data center development. This collaboration positions both organizations to address accelerating global infrastructure demand."
EIGGT supports public and private investment in local economies by providing its audited, gold-backed stablecoin collateral to help finance initiatives such as data center development, energy production, transport, and industrial projects. Chris Paget, Trustee for EIGGT, shared, "We are excited to partner with and assist both PTG and PBS in the deployment of proprietary technologies that will reshape how and where data will be shared and stored in this market space."
For more information about Power Business Solutions https://powerbusinesssolutions.llc
For more information about The Power Technology Group https://thepowertechnologygroup.com
For more information about EIGGT, visit https://www.eigglobaltrust.com
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Source: Power Business Solutions LLC
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