640 contiguous acres in Olancha, Inyo County, California, positioned for a large scale AI/hyperscale data center or hybrid solar plus data center campus, located roughly a quarter mile from high voltage transmission lines. The site offers scale, isolation, and desert solar resource in a pro renewables state, with clean fee simple ownership and a simple land sale structure. Site overview o Location: Olancha, Inyo County, California (APN 033 060 14 00; MLS 2313130). o Size: Approximately 640 acres of contiguous, largely undeveloped sand dune desert land. o Access: Existing access via local roads with regional connectivity to US 395 and broader Southern California transport corridors. o Topography/setting: Remote, low density desert environment with wide buffers to residential uses, well suited for secured campus development, large setbacks, and phased build out. Power and infrastructure o Transmission proximity: Approximate 0.25 mile distance to nearby high voltage transmission lines, offering a clear path to significant future substation capacity subject to utility study. o Utility context: Within a California desert corridor that already supports utility scale solar and transmission infrastructure, aligning with state level decarbonization and electrification policy. o Scale potential: Land area and setback flexibility suitable for a multi phase campus targeting 100-300MW+ of IT load, subject to utility interconnection and permitting. Development concept o Primary concept: Hyperscale/AI data center campus with dedicated substation and potential on or near site solar and storage integration. o Hybrid energy plus compute: Opportunity to pair large footprint data halls with utility scale solar/battery projects on or adjacent to the site, following recent Imperial Valley style AI campus precedents in California. o Phasing: Land size supports modular phasing-initial anchor deployment with subsequent zones reserved for expansion, additional tenants, or power intensive AI/HPC clusters. Zoning and entitlement context o Current characterization: Marketed as recreational/desert land with suitability for solar energy development and low impact uses (off road, camping, desert tourism). o Pathway: Data center and energy related uses to be advanced via standard county and utility processes, with the benefit of very low surrounding density and clear separation from residential neighborhoods. Transaction structure