Grayken Program in International Real Estate - London 2024 · Wednesday, May 15, 2024
Jakob Carnemark
Founder/CEO, Endeavour
Jake is the founder and CEO of Endeavour, a sustainable infrastructure company
that is partnering with cloud companies, utilities, logistics and critical facility operators
to build a gigawatt-scale network of zero-carbon data centers, microgrids and EV
charging facilities. Jake is a seasoned entrepreneur with a long history of creating
sustainable solutions for mission-critical projects. He founded Skanska Mission Critical
in 2001 and later founded Aligned Energy, which grew rapidly into a multi-billiondollar company. In 2019, Carnemark founded Endeavour to develop and scale a new
generation of decentralized technologies with the potential to make clean energy
and water accessible to communities worldwide. Endeavour is currently building a
global network of sustainable data centers, including the world’s first Tier 1 frequencyresponsive data center microgrid, and developing a nationwide network of carbonneutral EV charging stations for logistics and heavy vehicles. The Endeavour team is
backed by the largest supply chain ever assembled to deliver edge infrastructure on
demand.
EMPLOYMENT HISTORY
Skanska USA Building – Mission Critical, New York, NY
Senior Vice President
• Grew the international construction firm’s mission-critical business.
• Held full P&L responsibility and $2B+ in overall projects.
• Managed 50-80 employees.
• Worked on many large-scale complex projects, including building the first installation
of Canadian-based TELUS’ smart, ultra-green modular data center, which resulted in
an 80% decrease in operational costs.
• Managed ongoing data center engineering and construction projects for the following
companies:
• IBM: Over 700 projects over 10+ years: Sterling Forest, NY; Southbury, CT;
Gaithersburg, MD; Dallas, TX; Corporate HQ Campus
• ATT: Ongoing management of sites throughout the Midwest.
• MCI WorldCom: Billerica, MA; Franklin Township, NJ; MCI WorldCom Technology
Campus
• Verizon: Basking Ridge, NJ; New York, NY
• Royal Bank of Canada: Two critical data center campuses, Stratford and Guelph
• Lenovo: Santa Clara, CA; Raleigh, NC
• Goldman Sachs: Bridgewater, NJ
• eBay: Salt Lake City, UT
• JPMC: Upgrades to Delaware CDC Campus utilizing Inertech Cooling Infrastructure
Aligned Energy
Founder and CEO
• Oversaw an integrated group of four innovative companies—Energy Metrics, Inertech,
Karbon Engineering and Aligned Data Centers—all committed to improving data
center building infrastructure, energy consumption and water usage.
• Responsible for directing the overall strategy for the company, raising more than
$3 billion of capital and helping to lower the cost and resources needed to run data
centers by more than 50%.
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