01
Develop
Power-first site selection, land and lease control, permitting, interconnection or behind-the-meter supply, and anchor-tenant pre-leasing before a shovel goes in the ground.
See capabilities →FIMS Global › Infrastructure › Euxine Digital
Now reserving: underground AI suites across the Euxine territory
Private, underground AI compute and data storage, engineered across the Euxine territory.
Euxine Digital leases dedicated, physically separated AI compute and data storage suites inside a 76-kilometer underground limestone mine near Chișinău, powered by mountain-top solar and high-efficiency carbon battery storage with low-carbon natural gas backup, and cooled by the earth itself, reaching clients across Europe, Asia and North Africa.
The Euxine platform
From power to production-ready AI capacity.
One accountable partner across the full development cycle, so tenants and investors deal with a single U.S. counterparty from site selection to energized halls.
02
Finance
Bankable project packages for export credit agencies, commercial lenders and private investors, structured around signed capacity commitments and U.S. equipment content.
Financing insights →03
Deliver
Design-build execution through ConstraCore, our sister EPC company, with risk and insurance programs from FIMS Assurance Group and federal compliance from FIMS Consulting.
Meet the FIMS family →04
Operate
Phased energization with operating partners, so capacity comes online in stages that match tenant demand and validated power, never ahead of either.
View deployment tiers →
Flagship development · Chișinău
Underground AI compute and data storage, leased by the suite.
Our flagship site is being developed inside a 76-kilometer underground limestone mine near Chișinău. Every client company gets its own dedicated, physically separated suite of AI compute and storage, with its own power allocation, cooling loop and access control, reaching markets across a 2,000 km radius.
3 continentsEurope, Asia and North Africa reachable within a 2,000 km radius
1 suitePer client company, physically separated and access-controlled
1 MW – 1.5 GW+Matches your size, with room to grow as more dedicated power comes online
Straight-line distances from Chișinău. Physical fiber routes are longer; latency depends on carrier route.
Dedicated AI compute
Private GPU clusters leased by the rack, row or suite, for training, fine-tuning and inference, sized to your workload and reserved for a single client.
Cold storage & archival data
Long-term, high-security archival and backup storage underground for records, media and datasets that do not need to be active AI compute, protected by the same rock cover and access control.
Sovereign bays
Each company receives its own sealed, physically and network-isolated bay with separate power, cooling and access, so no client shares a room, a rack or a key with another.
Circular energy
Residual heat from liquid-cooled compute feeds Chișinău's municipal district heating network, turning compute waste into local civic value.
Why underground
- Physical security: the site sits inside a 76-kilometer limestone mine, with hundreds of feet of solid rock and a limited number of controlled entrances protecting client equipment against extreme weather, seismic disturbance, electromagnetic interference and physical threats.
- Naturally cool, low-carbon: the galleries sit at a stable ambient temperature near 14°C (57°F) year-round. Paired with direct liquid cooling and a mountain-top solar and carbon-battery power base, the design basis targets a low-carbon operation with minimal mechanical cooling load.
- Self-sufficient power and its own fiber route: the site plan pairs a mountain-top solar array and high-efficiency carbon battery storage, backed by low-emission natural gas for continuous uptime, with a dedicated fiber connection, so the facility is not dependent on a single utility or carrier link.
- Circular energy, shared with the community: residual heat captured from liquid-cooled servers is routed into Chișinău's municipal district heating network, lowering local heating costs and turning compute waste into civic value.
- Sovereign bays by design: separated galleries make it simple to give each client its own sealed, physically and network-isolated bay.
- Room to grow: additional galleries allow new bays to be added phase by phase, matching capacity to demand rather than the other way around.
Phase 1Pilot suites
Initial underground capacity of about 5 MW for anchor clients, sized to power we can prove.
Expansion phasesScale with demand
New suites added as dedicated generation, grid allocation and signed client commitments are secured.
Master planUp to 1.5 GW
Long-term campus vision, contingent on dedicated on-site generation, permits and financing.
Our flagship underground site is in development. Capacity figures are development targets, not operating capacity, and each phase is subject to site rights, state approvals, power, and financing.
Flagship site
Chișinău
76 km underground limestone mine, in development
Reach
3 continents
Europe, Asia and North Africa within a 2,000 km radius
Export credit
Up to 85%
Of eligible U.S. export content that EXIM programs can finance1
Ownership
100% U.S.
Delaware LLC, wholly owned by FIMS Global of Bethesda, MD
1. Export-Import Bank of the United States medium- and long-term programs generally support up to 85% of the eligible U.S. export contract value, subject to EXIM eligibility, country cover and underwriting. Figures describe program targets, not operating capacity.
The challenge
Is your AI capacity plan ready for the power era?
Demand for accelerated compute is outrunning the grid. These are the constraints we see stall AI projects most often, and the ones every Euxine project is built to solve.
Interconnection queues
Multi-year waits for utility capacity push AI deployments far past their business window.
Energy cost exposure
Volatile wholesale prices make long-term compute economics hard to underwrite.
Financing gaps
Lenders want signed tenants, and tenants want built capacity. Someone has to break the loop.
Supply chain and export rules
GPU allocation, U.S. export controls and long-lead electrical gear shape every schedule.
Residency and security
Sovereign and regulated workloads need clear jurisdiction, physical security and audit trails.
Why Euxine Digital
Built around the constraint that actually decides AI projects: power.
Land and buildings are easy to find. Firm megawatts, financing and a credible delivery team are not. Every Euxine project is scoped from those three outward, guided by one premise: AI should assist, elevate and protect people, built on clean, resilient physical infrastructure.
Phase by validated power
No megawatt is marketed before it is secured.
Capacity is released in stages tied to confirmed grid allocation or on-site generation, so tenant commitments always match deliverable load.
GPU-ready density
Designed for accelerated compute from day one.
High-density halls planned for liquid-cooled GPU racks, with direct-to-chip and rear-door cooling options and heat-recovery pathways where the site allows.
Low-carbon, self-sufficient power
Solar and carbon battery storage first, gas only as backup.
The design basis pairs a mountain-top solar array with high-efficiency carbon battery storage as primary generation, backed by low-emission natural gas for continuous uptime, so the facility is not dependent on a single grid connection.
Sovereign and regulated-grade compliance
Built with government and regulated tenants in mind.
Security, supply-chain and data-handling frameworks informed by FIMS Consulting's federal advisory practice, for clients who need an independent, auditable jurisdiction.
Financing, packaged
Export credit, bank debt and private placement.
Teasers, information memoranda, technical design basis, power documentation and financial models prepared to lender standards.
Integrated EPC and risk
One family of companies, one line of accountability.
ConstraCore delivers engineering, procurement and construction. FIMS Assurance Group structures builder's risk, property and liability programs.
Compare
Deployment tiers
Choose the engagement model that fits your workload. Every tier is delivered in validated power phases.
| Tier | Workloads | IT load | Rack density | Cooling | Term | Best for |
|---|---|---|---|---|---|---|
| PilotSingle hall Inquire → | Inference, fine-tuning, enterprise AI | 1–5 MW | 30–60 kW/rack | Rear-door heat exchange, direct-to-chip ready | 3–5 years | Enterprises and regulated tenants starting a dedicated footprint |
| CoreMulti-hall campus Inquire → | Training and large-scale inference | 10–20 MW | 60–130 kW/rack | Direct-to-chip liquid cooling | 5–10 years | Neoclouds and AI platforms needing a committed block |
| CampusPhased expansion Inquire → | Frontier training clusters | 50 MW+, phased | 130 kW+/rack | Liquid cooling with heat recovery | 10–20 years | Anchor tenants underwriting long-term capacity |
| Model | Scope | Delivery | Power | Ownership | Typical schedule | Best for |
|---|---|---|---|---|---|---|
| Dedicated BuildSingle tenant Inquire → | Custom hall to tenant spec | Design-build via ConstraCore | Grid or behind-the-meter | Euxine owned, long-term lease | Site and power dependent | Tenants wanting custom design without owning real estate |
| Sovereign & GovernmentRegulated Inquire → | Secure facility with data-residency controls | Design-build with compliance overlay | Redundant, resilient supply | Lease or transfer structures | Program dependent | Public-sector and national AI initiatives |
| EPC OnlyOwner-financed Inquire → | Engineering, procurement, construction | ConstraCore as EPC contractor | Owner provided | Owner | Scope dependent | Owners with land, power and capital in hand |
| Product | What you get | Power status | Fit-out | Structure | Term | Best for |
|---|---|---|---|---|---|---|
| Powered Shell Inquire → | Building shell with utility and cooling backbone | Energized to the building | Tenant fit-out | Lease | 10+ years | Operators with their own fit-out teams |
| Powered Land Inquire → | Entitled site with secured power pathway | Allocation or on-site generation secured | None | Ground lease or sale | Negotiated | Hyperscalers and developers seeking speed to power |
| Co-Development Inquire → | Joint development with capital partners | Phased | Shared | Milestone-based JV | Project life | Investors and landowners bringing capital, land or power |
Specifications are indicative planning ranges. Final capacity, density, cooling and schedule are confirmed per site after power validation and design.
Use cases
Where Euxine capacity fits
From dedicated inference halls to anchor-scale training campuses, each engagement is sized to validated power and a committed tenant.
01
Sovereign and national AI
In-country or nearshore capacity for governments building national AI programs with data-residency requirements.
02
Neocloud expansion
Committed megawatt blocks for GPU cloud providers adding regions faster than they can self-develop.
03
Enterprise private AI
Dedicated, secure halls for enterprises moving fine-tuning and inference off shared public cloud.
04
Cold storage and archival data
Secure, climate-stable underground storage for backups, records and datasets that need protection more than active compute.
05
Cross-continental reach
One underground site serving clients across Europe, Asia and North Africa within a 2,000 km radius, without multiplying facilities.
06
Independent jurisdiction
A site outside the EU and US legal frameworks for organizations that want to diversify where their data and compute sit.
Industries
Built for the sectors adopting AI fastest
Each sector brings different density, security and residency needs. We design for them from the first site study.
Government and defense
Secure, compliant capacity for public-sector AI programs.
Financial services and insurance
Low-risk, auditable environments for multinational banks and insurers running model training and risk analytics.
Healthcare and life sciences
Residency-aware capacity for imaging, genomics and clinical AI.
Technology and AI platforms
High-density GPU blocks for model developers and neoclouds.
Energy and utilities
Partnerships that monetize generation by pairing it with AI load.
Telecom and connectivity
Fiber and carrier partners extending networks into new AI regions.
Aviation and transportation
Sovereign, high-security capacity for tier-1 national airlines and transportation operators.
Why Start Here
A site outside the EU, with everything the EU has next door.
Our flagship site sits in Moldova, an EU candidate country rather than a member, which changes what applies here and how fast we can move — the first of several Black Sea markets on our roadmap.
Faster to build
Outside EU data-residency and siting rules.
Our flagship site is not subject to EU data-residency requirements or the EU's compute-siting rules, which is streamlining permitting and shortening deployment timelines that slow comparable projects elsewhere in Europe.
An independent jurisdiction
For clients who want to diversify legal exposure.
Sitting outside both EU and U.S. legal reach gives clients, including foreign governments, high-net-worth individuals and firms managing jurisdiction risk, a genuinely independent place to hold compute and data.
Connected and staffed
Fast infrastructure, capable people.
Chișinău already has fast, competitively priced internet infrastructure, direct fiber routes to Romania and Ukraine, and a young, technically capable workforce.
Market access without full membership
EU candidate status, EU market access.
Moldova has free access to the EU market despite not being a full member, and its EU candidate status signals a long-term path toward stability and continued investment.
Resources
Insights and briefings
Briefing
Why power, not land, decides AI site selection
How firm megawatts, interconnection timelines and on-site generation now drive where AI capacity gets built.
Request the brief →Guide
Export credit financing for AI infrastructure
How U.S. equipment content, country cover and anchor leases shape an EXIM-supported data center package.
Request the guide →Briefing
Underground siting and low-carbon power, explained
How mine cooling, liquid cooling, mountain-top solar and carbon battery storage combine into a low-carbon, self-sufficient design.
Request the brief →Process
How capacity letters of intent work
Reserve future capacity with a non-binding LOI, then convert to a lease as power and financing milestones close.
Learn more →Investors
Co-development and capital partnerships
Milestone-based participation for partners who bring capital, land, power rights or signed tenants.
Start a conversation →Tenants
Sovereign and regulated AI workloads
Data residency, supply-chain assurance and physical security considerations for public-sector AI.
Request the brief →
The FIMS Global family
Backed by an integrated group of companies.
Euxine Digital is a wholly owned subsidiary of FIMS Global, a Bethesda, Maryland firm serving the Washington region for more than three decades.
FIMS Global
Parent company. Federal advisory, insurance, and construction under one roof.
fimsglobal.com →ConstraCore
Engineering, procurement and construction partner for Euxine facilities.
constracore.com →FIMS Consulting
Federal advisory, AI implementation and geopolitical AI impact assessment.
fims-consulting.com →FIMS Assurance Group
Enterprise risk management and insurance programs for complex projects.
fimsassurancegroup.com →
Leadership
Executive team
A founding team with defined responsibilities and one line of accountability. Start together, build together, earn together.
Burak Kotan
Co-Founder & Chief Executive Officer
Managing Director of FIMS Global. Owns corporate structure, financing and investor strategy for Euxine Digital from Bethesda, Maryland, drawing on more than 35 years in the Washington region.
Cenk Ergüden
Co-Founder, Head of Finance
Leads project budgeting, financial model support, accounting coordination and deliverable tracking across the regional platform.
Reşat Tanış
Co-Founder, Head of Technical
Leads technical architecture, power and cooling requirements, fiber, feasibility and vendor evaluation.
Levent Ergüden
Co-Founder & Strategic Advisor
Advises on independent power producer and capital relationships across Türkiye and the Black Sea markets.
FAQ
Frequently asked questions
What does Euxine Digital do?
We develop AI data center capacity: securing power and sites, packaging financing, pre-leasing capacity to tenants, and delivering facilities through our sister EPC company, ConstraCore.
Where does the name come from?
The Greeks called the Black Sea Pontos Euxeinos, the hospitable sea. The name reflects how we want to work, as the partner that is easy to deal with and delivers, and our focus on the wider region rather than a single country.
Which markets are you active in?
Our flagship site is underground near Chișinău, Moldova, serving clients across Europe, Asia and North Africa within a 2,000 km radius. We continue to evaluate other Black Sea markets, including Romania, Bulgaria, Türkiye, Ukraine and Georgia, on the same power-first framework before committing capital to a second site.
How do you finance projects?
Depending on the project, through U.S. export credit (Export-Import Bank of the United States), development finance, commercial bank debt and private placements, since Euxine Digital is a U.S.-owned company able to access U.S. export-credit programs even for projects sited abroad. Lenders require signed capacity commitments, so we pre-lease capacity before financial close.
Can I reserve capacity before a facility is built?
Yes. Tenants can submit a non-binding capacity letter of intent that reserves priority on a future phase. It converts into a lease as power, permitting and financing milestones are met.
Does each company get its own space?
Yes. At our flagship underground site every client company receives its own physically separated suite of AI compute and data storage, with its own power allocation, cooling and access control. Nothing is shared between clients at the room, rack or key level.
How large can the flagship site grow?
The long-term master plan envisions up to 1.5 GW, built in phases. Phase 1 is a pilot of about 5 MW, and each later phase is released only when dedicated generation or grid allocation, client commitments and financing are secured.
What kind of power do your sites use?
At the flagship site, a mountain-top solar array and high-efficiency carbon battery storage serve as primary generation, backed by low-emission natural gas for continuous, uninterrupted uptime. Elsewhere, we use grid supply where capacity is available and behind-the-meter options, including solar with battery storage, natural gas generation, and, over the longer term, advanced nuclear, where it is not. We only market capacity backed by validated power.
Does the facility give anything back to the local community?
Yes. Residual heat captured from our liquid-cooled servers is routed into Chișinău's municipal district heating network, lowering local heating costs and turning what would otherwise be waste heat into shared civic value.
Do you work with investors and landowners?
Yes. We co-develop with partners who bring capital, land, power rights or signed tenants. Participation is milestone-based and tied to what each partner contributes.
Who owns Euxine Digital?
Euxine Digital LLC is a Delaware company owned by Federal Integrated Management Solutions LLC (d/b/a FIMS Global), headquartered in Bethesda, Maryland. All platform decisions are made in Delaware; a local project company is formed only when a site document requires one.
Next steps
Ready to talk capacity?
Schedule a conversation
A 30-minute call with our team about your workload, timeline and power needs.
Book a call → Reserve future capacitySubmit a non-binding capacity LOI to hold priority on an upcoming phase.
Start an LOI → Partner with usBring capital, land, power rights or tenants into a milestone-based co-development.
Explore partnership →
Get started
Reserve capacity or start a project conversation.
Tell us about your workload, power needs or the capital, land or power you can bring. We respond within two business days.
- Submit a capacity or partnership inquiry
- Introductory call and mutual NDA
- Capacity letter of intent or co-development term sheet
- Lease or definitive agreements at power and financing milestones
Euxine Digital LLC
800 N King Street, Suite 304
Wilmington, DE 19801, United States
[email protected]