Quantum Loophole, Inc., the visionary company that spawned a global effort to create master planned data center communities, has reached an amicable resolution with TPG Real Estate regarding the management and development of the Quantum Frederick Project, a 2,100-acre data center campus and fiber-optic loop in Frederick County, Maryland.
Under the terms of the resolution, TPG Real Estate will assume full managerial responsibilities for the Quantum Frederick project, reaffirming Catellus Development Corporation’s role as the sole Developer. Moving forward, Catellus will oversee all day-to-day management and execution of the project’s development. The resolution requires Quantum Loophole to step back from active involvement in the project, and all litigation between the companies has been dismissed.
As a result, TGP and Catellus Development are the sole developers of Quantum Frederick, which is part of the Quantum Maryland organization.
The press release issued by Quantum Loophole reiterates that “The matter has been amicably resolved to the satisfaction of both parties, and the parties have and will have no further comment on this matter.”
Quantum Loophole’s Future Plans
As a stand alone organization, Quantum Loophole will continue to assess other projects across the United States to implement its incredibly successful model for land, energy, water, and fiber to support the Hyperscale and AI data center industry.
Quantum Loophole remains focused on expanding its innovative approach to data center site selection and development. The company’s unique model—which integrates land, energy, water, and fiber resources—has proven instrumental in meeting the hyperscale industry’s needs. With an emphasis on renewable energy and environmental stewardship, Quantum Loophole’s projects minimize carbon footprints while delivering top-tier connectivity and reliability.
Quantum Loophole, led by CEO and Founder Josh Snowhorn, commented: “We are happy to finally have resolution to this dispute with TPG and look forward to the continued success of the Quantum Loophole platform. Our innovation and expertise will continue to create great value for the data center industry.”
A Commitment to Industry Advancement
This resolution marks a pivotal moment for all parties involved. For Quantum Loophole, it underscores the company’s dedication to fostering industry growth through innovation and collaboration. For TPG and Catellus, it sets the stage for a streamlined development process that promises to bring the Quantum Frederick Project to fruition for customers and investors alike.
