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TAR Secures $27 Million See...

Updated Jun 16, 2026

SOLD

TAR Secures $27 Million Seed Funding To Develop Modular Power Systems For Data Centers

Building Size

Asset Type

Closing

Jun 16, 2026

About this deal

AI

TAR, a green energy infrastructure startup, raised a $27 million seed round to develop modular, behind-the-meter power systems for data centers. The investment aims to address grid constraints with rapidly deployable infrastructure that integrates solar, wind, batteries, and limited backup gas generation.

Summary of transaction details:

  • Deal Type: Seed
  • Transaction Amount: $27,000,000
  • Founder: Pat Becker

TAR's focus is on speed and independence from the grid, offering a plug-and-play energy model that caters to the increasing demand for AI-driven data centers. The company's approach allows for powering operations without adhering to traditional interconnection timelines or placing strain on local utilities.

Players

Tarpon Blue Real Estate
Tarpon Blue Real EstateSeller

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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