Slovakia / CEE — NVIDIA Cloud Partner

The sovereign AI factory
platform for Europe.

Power-secured. Vertically integrated. Government-endorsed. Tatra Supercompute is building Europe's sovereign AI infrastructure — 700MW+ of vetted CEE brownfield, anchored by NVIDIA-architected B300 and GB300 capacity.

Pipeline
700MW+
Vetted brownfield · CEE
Commissioning
Q3'26
B300 + GB300 anchor
Sovereign Anchor
~20%
MIRRI Phase 1 MoU
OEM Status
Preferred
NVIDIA Cloud Partner · CEE
Aligned with
NVIDIA Ministry of Economy MIRRI SARIO EuroHPC EU / NATO
PLATFORM

One platform.
kW to tokens.

We own and operate vertically — generation, grid, factory, compute, workload. Each layer captures margin. None of it leaks to intermediaries.

01

Hydro & nuclear baseload.

Substation interconnects in place on vetted brownfields. Slovak grid: ~80% low-carbon, firm baseload. ~11-month time-to-power vs. 24+ month greenfield queue.

View the pipeline →
02
NVIDIA NCP

B300 + GB300 NVL72.

NVIDIA-architected at reference scale. Liquid-cooled. Training-to-inference. Vera Rubin roadmap. Direct OEM allocation through NCP CEE status.

See the basis →
03
TSC

Government-endorsed.

Ministry of Economy Strategic Initiative · MIRRI ~20% sovereign anchor MoU · SARIO FDI sponsor · EuroHPC pathway · EU / NATO / GDPR-native by design.

Sovereign foundation →
04
Pre-COD bankable
SENIOR DEBT · 65–70% EQUIP FINANCE · 25–30% EQUITY · ≤10%

Institutional underwriting.

5-yr take-or-pay floor · floor-plus-spread · ≥1.25× DSCR · 25%+ equity IRR · GPU equipment finance co-terminus with offtake. ABS-eligible at programmatic scale.

Engage with capital →
FRAMEWORK

Two winners in AI.

Sellers booked the spike. Buyers compound the cash flow. TSC is built on the buyer side.

Sellers
Booked the spike
Cycle-priced. Already re-rated.
  • Chipmakers
  • Memory & storage
  • Optics & networking
  • Power equipment
Market reward: now.
Seller margins
→ Buyer FCF
The transfer
has started.
Buyers
Compound the cash flow
Long-duration, recurring revenue.
  • Land + power
  • GPUs / TPUs / Storage
  • Data center capacity
Market reward: not yet priced.
The conviction play
When the build wave normalizes, the buyer side re-rates.
BASIS

Same asset.
10× lower basis.

US powered land has been repriced by megawatts of secured interconnection. CEE brownfields trade at infrastructure basis — 12–18 months ahead of EU comps.

US Powered Land · Print
Vertical & power infrastructure excluded. Residual land + interconnect.
$1.0–1.5M
Per MW
TSC · Vetted Brownfields
Substations on the fence. CEE infrastructure basis. Pre-discovery window.
Substantial
Discount
CEE basis · vs. US comps
~10–15× DIFFERENTIAL
We're not pioneering the structure. We're porting it — at better basis, with sovereign demand inside the vehicle.
Engage
DEMAND

Inference is going
24× by 2030.

Consumer + enterprise agentic workloads pull token consumption to ~120 PT/month by 2030 — a 24× lift off 2026 capacity. Capacity gets built, or it doesn't. Powered land determines who builds it.

Global token consumption forecast
QUADRILLION TOKENS / MONTH · GS GLOBAL RESEARCH
120 80 40 10 >24× by 2030 Consumer Agents Enterprise Agents Non-Agent Workloads
'24'25'26'27'28'29'30
Today · Baseline
~5 PT
Global token capacity, 2026 baseline (per month)
Inflection
3–12 mo
Hyperscaler gross-margin inflection (inference cost / token: −60–70%/yr)
2030 · Target
>24×
Token consumption vs. 2026 (~120 PT/mo by 2030)
FOUNDATION

Permitting, demand, jurisdiction
de-risked.

18+ months of coordinated negotiations across ministries, agencies, and counterparties. No public capex required. Private capital funds the build — the government provides enabling conditions.

01 / Strategic Initiative
MoE
Ministry of Economy designation
Strategic Initiative status · fast-track permitting framework · cross-ministerial coordination at PM's office level.
02 / Sovereign Demand
MIRRI
~20% Phase 1 capacity MoU
Sovereign workloads reserved against Phase 1 anchor. Sovereign anchor inside the vehicle, not adjacent to it.
03 / FDI Channel
SARIO
State investment & trade sponsor
Slovak Investment & Trade Development Agency · brownfield FDI sponsor · state-aid pathway · IPCEI eligible.
04 / Jurisdiction
EU / NATO
GDPR-native by design
Slovak jurisdiction · NATO supplier credentials · GDPR-by-design · data residency-compliant for regulated workloads.
05 / Power Counterparty
MinEcon · SE 33%
Direct baseload supply path
Ministry of Economy holds 33% of Slovenské elektrárne. Brownfield co-location across the EVO / SE estate.
06 / Research
EuroHPC
HPC competence alignment
EuroHPC participation pathway · university partnerships · capacity reserved for KInIT / Slovak.AI workloads.
DELIVERY

10 MW today.
700 MW programmatic.

Phase 1 risk is execution, not discovery. Phase 2–3 risk is sequencing, not sourcing. Anchor cluster commissions Q3'26 — Q1'27. Brownfield scale-out is programmatic.

10 MW
Now · Phase 1
Anchor commissioning
Q3 2026 – Q1 2027 · MSA / SLA in active negotiation · B300 + GB300 first cluster.
100 MW+
Phase 2
Brownfield scale-out
2027 commissioning · Powered + permitted · DevCo warehouse facility · repeatable closing template.
700 MW+
Phase 3
Programmatic CEE rollout
2027 – 2029 · CEE pipeline vetted across SK / CZ · ABS take-out at scale.
Vetted brownfield portfolio
SLOVAK REPUBLIC · 6 SITES · 700 MW CUMULATIVE
W (1) 20 MW SW (2) 90 MW N (3) 150 MW E (4) 100 MW W (5) 90 MW Central (6) 250 MW
NOW / PHASE 1
PHASE 2
PHASE 3
TEAM

Eight domain leads.
Every critical seat filled.

Capital. Power. AI infrastructure. Government. Delivery. The team brings deep institutional track records across every workstream required to deliver a sovereign AI factory at scale.

Capital Formation
$21B+ Deployed
25 years bulge-bracket institutional. Track record across tech & infrastructure capital markets.
Build / Power
Tier III / IV · AI-Native
25+ years datacenter design. Liquid cooling-ready. Uptime Institute ATD.
Compute
NVIDIA Reference
End-to-end lifecycle: training to inference. Cloud & K8s experts. Infra finance specialists.
Enablement
FDI / Incentives
State-level sponsor enabling fast-path market entry, incentives, and government alignment.
Legal
US DOJ NatSec
Former Acting Asst. AG for National Security. 23+ years corporate law.
Security
GIAC Certified
20+ years network security (Cisco / Palo Alto). SIEM / SOC / CSIRT experts.
Permitting
Legislation
Contributed to Slovak environmental permitting framework. 20+ years EIA / IPPC.
Operations
Bank CIOs
15+ years CEE banking CIO / COO level. IT governance & process automation.
37 personnel across capital, technical, government, and operations workstreams.
ENGAGE

One vehicle.
Three layers.

The same platform serves customers, investors, and lenders — each at a different layer of the stack. Same thesis. Different wrapper.

01 / Customer
Offtake + Workload

Anchor on the platform

Take-or-pay + spread

5-year take-or-pay floor with floor-plus-spread economics. Re-lease optionality. ROFO on Vera Rubin. GB300 NVL72 anchor entry.

02 / Investor
Anchor + Pipeline

Anchor equity + ROFO

Programmatic across SPVs

Co-anchor alongside committed sponsor. HoldCo or SPV-level entry. Sovereign demand inside the vehicle. CEE pipeline ROFR.

03 / Lender
Project + GPU Debt

Bankable pre-COD

≥1.25× DSCR floor

Floor-protected coverage. IG-grade sponsor at SPV level. GPU equipment finance co-terminus with offtake. ABS-eligible waterfalls at scale.

Power and permits are the binding constraints.
We have both.

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