WE DEVELOP, OWN AND MANAGE
AI ENERGY HUBS
Artists Illustration Of AI Energy Hub
OUR BRAND
Where energy is manufactured and
harvested onsite in a closed loop
system, powering AI Infrastructure.
WHO WE ARE
Vertically Integrated
Property Developers
We deliver the optics, land, and affordable energy that enterprise AI developers and hyperscalers need to scale.
OUR SERVICE
Strategically Located,
Purpose Built
Backed by strong capital reserves, secure base load energy, trusted freehold landholdings and supported by a significant energy power bank.
Current Projects
The Volcanic Plateau, New Zealand
CAPACITY
Up to 3GW planned across 8 development phases in 12 years
ENERGY
Gas, dry rock geothermal, and
solar hybrid generation
STATUS
Anticipated phase 1 construction
commencing Q2 2027
MARKET
Hyperscale AI training
and inference
THE NORTHERN TERRITORY,
AUSTRALIA
The Volcanic Plateau, New Zealand
CAPACITY
Up to 3GW planned across 8 development phases in 12 years
ENERGY
Volcanic geothermal, with integrated solar generation
STATUS
Exploration licence granted (2025–2028) under the Republic of Vanuatu Geothermal Act. Phase 1 is underway - a MT Survey (Magnetotelluric survey) is currently being untaken. In strategic alliance with Magma Power.
MARKET
Hyperscale AI training
MOUNT YASUR
Tanna island, Vanuatu
The Volcanic Plateau, New Zealand
THE VOLCANIC PLATEAU,
NEW ZEALAND
CAPACITY
Up to 1.5GW planned across 5 development phases in 15 years
ENERGY
Geothermal and
solar generation
STATUS
Early stage feasibility and
Iwi discussions commenced
MARKET
Enterprise AI and
high-performance computing
The Volcanic Plateau, New Zealand
CAPACITY
Up to 1.2GW planned across 5 development phases in 15 years
ENERGY
Low carbon natural gas and solar generation
STATUS
Phase 1 is already underway, with facilities expected to come online in 2027.
MARKET
Enterprise AI and
high-performance computing
Evanston, Wyoming,
USA
The Northern Territory, Australia
CAPACITY
Up to 3GW planned across 8 development phases in 12 years
ENERGY
Gas, geothermal, and
solar hybrid generation
STATUS
Anticipated phase 1 construction
commencing Q2 2027
MARKET
Hyperscale AI training
and inference
Artists Illustration Of AI Energy Hub
Siwi, Tanna - Vanuatu
CAPACITY
Up to 1.5 GW planned across 5 development phases in 15 years
ENERGY
Volcanic geothermal (Tanna Island, Mount Yasur) with integrated solar generation.
STATUS
Exploration licence granted (2025–2028) under the Republic of Vanuatu Geothermal Act. Phase 1 preliminary assessment underway. In strategic partnership with Magma Power.
MARKET
Hyperscale AI training
and inference
Current Projects
CAPACITY
Up to 3GW planned across 8 development phases in 12 years
ENERGY
Gas, geothermal, and
solar hybrid generation
STATUS
Anticipated phase 1 construction
commencing Q2 2027
MARKET
Hyperscale AI training and inference
Artists Illustration Of AI Energy Hub
CAPACITY
Up to 1.5GW planned across 5 development phases in 15 years
ENERGY
Volcanic geothermal (Tanna Island, Mount Yasur)
with integrated solar generation.
STATUS
Exploration licence granted (2025–2028) under the Republic of Vanuatu Geothermal Act. Phase 1 is underway - a MT Survey (Magnetotelluric survey) is currently being untaken. In strategic partnership with Magma Power.
MARKET
Hyperscale AI training and inference
Artists Illustration Of AI Energy Hub
CAPACITY
Up to 1.2GW planned across 5 development phases in 15 years
ENERGY
Low carbon natural gas and solar generation
STATUS
Phase 1 is already underway, with facilities
expected to come online in 2027.
MARKET
Enterprise AI and high-performance computing
Evanston, Wyoming,USA
The Volcanic Plateau, New Zealand
CAPACITY
Up to 1.5GW planned across 5 development phases in 15 years
ENERGY
Geothermal and solar generation
STATUS
Early stage feasibility and Iwi discussions commenced
MARKET
Enterprise AI and high-performance computing
Artists Illustration Of AI Energy Hub
Artists Illustration Of AI Energy Hub
CAPACITY
Up to 1.5GW planned across 5 development phases in 15 years
ENERGY
Geothermal and solar generation
STATUS
Early stage feasibility and Iwi discussions commenced
MARKET
Enterprise AI and high-performance computing
Artists Illustration Of AI Energy Hub
Evanston, Wyoming, USA
CAPACITY
Up to 1.2GW planned across 5 development phases in 15 years
ENERGY
Low carbon natural gas and solar generation
STATUS
Phase 1 is already underway, with facilities expected to come online in 2027.
MARKET
Enterprise AI and high-performance computing
Artists Illustration Of AI Energy Hub
LOCATION
New Zealand & Australia Offer a World Leading Compute Advantage
With up to 35% lower capital and operating costs, driven by infrastructure efficiency and currency value.
Global Demand
Global demand for reliable power and compute is skyrocketing. Traditional data centres struggle to keep up with rising costs, sustainability targets and land constraints.
Energy Bottleneck
Energy is the bottleneck. AI clusters and hyper scale workloads require scalable, 24/7 power, but most sites depend on fragile grids, fossil fuels or disconnected infrastructure.
Conrad AI
We will co-locate energy generation and AI-ready infrastructure on-site. Our AI hubs will be modular and built to grow from bare land to
turnkey delivery.
Donna Perese
Head of Māori Liaison
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Kaitiakitanga
Māori Integrated Alliance
We recognise that Māori are not just stakeholders, they are tangata whenua (people of the land) and the original kaitiaki (guardian) of Aotearoa (New Zealand).
Their partnership is paramount to every stage of our work.
We approach each project with humility, care, and a deep respect for iwi knowledge, values, and aspirations
Artists Illustration Of AI Energy Hub
CONRAD PROPERTIES GROUP
Developed by New Zealand's Largest Apartment Developer
Conrad Properties Group is New Zealand’s largest apartment developer, having delivered over 5000 residences and boutique retail spaces over the past 32 years.
With offices across Auckland, Sydney and Bermuda, Conrad combines proven history of delivering projects on time and within budget.
$5 Billion
Total Developments Delivered
5000+
Residences delivered
30 Year
Track record
A Member of The Conrad Group of Companies
www.conradproperties.com
Auckland Office
Unit 10, 114 St Georges Bay Road, Auckland, New Zealand
+64 9 920 1060
Sydney Office
1504/157 Liverpool Street, Sydney 2000, NSW Australia
+61 290 647 990
© 2025 Conrad AI
Auckland Office
Unit 10, 114 St Georges Bay Road, Auckland, New Zealand
+64 9 920 1060
Sydney Office
1504/157 Liverpool Street, Sydney 2000, NSW Australia
+61 290 647 990
A Member of The Conrad Group of Companies
www.conradproperties.com
© 2025 Conrad Industrial Properties