 Welcome to JSA TV live coming to you today live from Hawaii from Waikiki where we're together at PTC 2023 Great event so far, and I'm pleased to introduce with me today Mike LeBeau Senior vice president of location strategy and development and Yushin Omurku vice president of development from stream data centers Bit of a mouthful, but I'm Happy to introduce you so talk to us about the event so far. I mean what's your experience been the day to here I think we are in This morning. I was up for a sunrise surf. So Diamond head we've seen the sun coming over the island there. So, you know, it's been rough, you know Yesterday we did a full team hike so we went out and you did like up to a beautiful waterfall So it's been awesome team bonding. You know what you your T stream We've worked with stream for quite a while that the one thing consistently that comes through is is the team and the people Right and we're gonna talk more about that but speaking of team. You're both Relatively new. I was saying this morning We talked to stream all the time and I have yet to have interviewed either of you and it's because you're new to The stream team since this time last year Tell us who wants to start? How did you how did you end up here? We both came from the same team at Google but When I was We worked with the stream team and specifically Michael the head of the COO So like years ago Michael and I were talking about different business models and we were trying to figure something out to work for the Google team and contracting structure and Basically ended up when I was ready for something new Pitching a new business idea to Michael and the partners at stream So the initial coming over was to start a new company So we started at headwater site development, which is focused on the early stage site selection development process for data centers And then obviously an integrated platform here for location strategy and development works for stream data centers as well So that was the initial like why I came over and how everything started and Sheen was one of my best colleagues at Google and convinced him to come join us For me, this is month three for me. I don't already feels like it's been about a year Yeah, it's month or year three. Yeah, exactly. Whatever that has happened, but I have so For me, I'm a civil structural engineer by background And I worked with Google and the ELS and the site selection and the development team and then Mike had moved across and I was also interested in exploring kind of the built a suit kind of third-party data center world and like really tried Sharpen skills there and so I reached out to Mike after he moved across Met Michael a hood that the team and yeah, I said I think meeting the team kind of Yeah, there's no turning back Yeah, they're like, let's climb a mountain and talk about it Yeah, and host the that you know about host the boat ride. Yes, I heard about that I heard it was a fantastic team event and but it's like, you know, that they're the type of team It's like, all right, what fun stuff can we do with our customers our clients and host school things? So we got a catamaran yesterday. Yeah, amazing. We said amazing place to be for an event like this Yeah, it is yeah I mean I spoke with some folks that had joined you yesterday. They said it was a fantastic event Everyone really enjoyed spending some time with you all on the water Again, sorry for those of you But but yeah, so you I want to come back to one of the things you said was you you mentioned location strategy Yeah, so talk about that. Yeah, I mean, you know, we've published a short article on this too It's a lot of companies just use the term site selection and I think what we are trying to accomplish is so much more than site selection So we call it location strategy because it's a very data-driven approach. We look at The data center market the different metros what demand signals are Absorption rates and then I mentioned earlier so my Current role I wear two hats one is headwater site development and running that new program And the other stream data centers and I kind of view it as a Venn diagram for location strategy so There's a ton of data and analytics that go into where we should buy land where we should try to deploy capacity on On the headwater side, we're trying to get out ahead of the market and try to guide the market on which metros to be in And we look at all the critical location factors we call them. So energy costs tax incentives Developable land Zoning all the like the main big bucket items and then Trying to find land in the right places so that the whole industry can grow and then for the data center side It's stream data centers. We're taking in a ton of information from our sales and Customer sales team and their customer conversations and really just understanding what the demand signals are for the for the end users so The location strategy side of it is really trying to get out ahead of the market and Meet our customer demands and find sites in the best locations so that we can deploy capacity where it's needed, right? Yeah So let's talk 2023. I'm gonna let you start and change you so three months in what are your goals? What are your goals for 2023 in your role and with yeah, so my role I'm a VP of development for the stream data center side of things and my background is Heavy civil structural engineering worked in the process industry oil and gas industry bio pharmaceutical industry And I think we're stream is right now. I think everybody knows we're scaling at the moment. We're Have some really good built-suit opportunities and some large projects that are coming through and my goal is like Put those structures in place that allow us to deliver consistently and and in a predictable manner and I think the biggest one for me is like a lot of people Initially they try and over promise and under deliver under promise and over deliver kind of a person so It's a good dynamic. I think for me 2023 I think for us hitting dates making delivery and making the megawatts appear Like keeping it that simple is from this obviously a lot behind it for me That's gonna be the core right yeah, and what about for you? Well, I mean what he was touching on the part of the reason we recruited a sheen and wanted him to come join us is because he was The best I've ever worked with in terms of putting those processes in place But I mean, you know when I came over it's like we're building on streams 23 years of success and they are a young not young, but they're a small Entrepreneurial organization they've they're accountable. They get things done. They get them done well and as we scale One of the things that I talked to the leadership team about is we need structure and processes to really scale the platform and have a These the terms robust and methodical process to really execute and machine was running all of Global site selection and development programmatic initiatives for Google Yeah And so kind of like bringing that expertise in the our organization is gonna allow us to execute for customers have a really predictable Delivery model hit deadlines deliver capacity. So that's that's the main goal is like build all those tools and processes so that we can Way to set the bar really So just you know one more thing I just wanted to touch on obviously, you know You can see here. We have greener data on here. It's a it's a big part of the conversation. It is consistently I know that you guys work with the infrastructure masons as do we and and always pushing sort of this conversation around sustainability and what are some of the actions that that we can take as an industry and so I'm curious how this your some of what you've been talking about ties into ESG and sustainability from an industry perspective on on the front end On the site selection location strategy Historically a lot of the co-location companies including stream have taken demand signals from the big players and the big players are all focused on renewables 24-7 so They're entering the markets where that's already a known factor and they're looking for markets where renewables are prevalent And there's higher concentration of renewables lower Carbon footprint, but for the headwaters perspective where I hope to be is more of a market leader And figure out where the markets are that both have low Economic characteristics that we call it TCO total cost of ownership so low cost of energy great tax incentives overall low costs but where there's High concentration of renewables and make that make the lives of our customers easier to hit their 100% renewable or 24 7 renewable goals so where I hope that headwaters and stream go in the future is Helping the market identify sites that are ready to go. We streamline that process for them upon intended And then and just kind of like open those markets where it's better Yeah, and then on the the development side of it Obviously the building and the embodied carbon that the building has within it is one of the areas for I think everybody is starting to Target at the moment and I think like one of the opportunities that we're looking at with our design and construction team is Always looking at our equipment making sure it's as efficient as possible Participating in any local programs with utilities to make sure that we're using Equipment as simple as lighting like every little helps And then on the other side of it as I noted like concrete is a huge contributor in the steel So it's looking at the manufacturing processes for concrete and steel to see how you can reduce that in body Carbon and in what you're actually delivering. So I think that's going to be exciting for 2023 and beyond It's nice to see your commitment on I mean on all of these fronts whether it be sustainability or leadership or people or industry It's always seems like streams that really at the forefront of all of these conversations. So we really appreciate you joining us Thank you. Thank you Mike. Thank you. She and I appreciate it And thank you viewers for tuning in to JSA TV live joining you here today from PTC 2023 See you soon. Mahalo