Jon Parrella

But I think that they've also been hit by a lot of roadblocks where interconnection takes a lot longer than anticipated because these loads are big and complex.

And I think that

When they actually started turning these things on, what they expected and what actually happened were different and that they started breaking equipment and finding replacements for the broken equipment is not easy right now.

So it just it's a whole cluster, if you will, of problems.

So while I do believe that they were a little overambitious, I do not believe that I would blame them 100 percent.

Yeah, well, I didn't want to quite go there, but you're welcome.

Someone can do it.

Someone can break the ice.

So, I mean, I definitely think that power is the number one issue.

There's no question about it.

The thing that everybody's talking about is how long it takes to interconnect.

Nobody's talking about what happens when you actually turn them on.

And I think that obviously, as you see, buying generators, there's a long lead time on getting gen sets.

And you're seeing some deals come and some deals go.

What you're seeing, it was no different before data centers were here.

It was the battery craze, right?

Like interconnection queue for people that went and had land and they could get power on land to interconnect and put a battery in.

You know, it was like half the projects would never see the light of day, but everybody was connecting because if they could get the power to it, they could then flip it to a developer that would build it.

I think you're seeing a very similar trend.

At least we've seen this where lots of people that have, you know, rural lands and there's also the big power line that comes through their land go, I can build a data center here.