Physics. Priced.See the risk before it happens.

One risk engine powering three products, built for the teams that plan, fund, and protect data centers.

Built by a team from

Live platform

One view of portfolio exposure.

Every site scored, every covenant tracked, and every concentration risk surfaced as the underlying signals move.

Aggregate DSCR

1.19x

Range 0.94x – 1.48x

Pipeline Items

156

Portfolio-wide

Covenant Breach Risk

33%

1 of 3 in breach

Concentration Index

62/100

Geographic · Moderate

Global Coverage

OperationalConstructionAssessment

35 countries120+ data centers19 under assessment

Trusted by

Cushman & WakefieldNavon WorldRaeden

Why it matters

Capital moves faster than risk gets priced. Data center underwriting still relies on disconnected studies, local assumptions, and static diligence files. Azraq brings the risk drivers into one comparable view.

$100M+

Risk often left unpriced

Single projects can carry material exposure that never makes it into the IC memo.

80%

Projects delayed

Permitting, power, procurement, and local constraints usually show up after the model is built.

$15M+

Delay cost at stake

A missed milestone can move returns before the asset ever reaches operations.

Products

One risk engine. Three products.

Everything Azraq ships runs on the same engine: the same signals, the same model, one shared risk profile.

One engine. One source of truth.

The Azraq Risk Engine reads the physical and financial signals behind a data center and turns them into one comparable risk profile, shared by Build, Verify, and Shield.

See how the engine works

Azraq Build

For developers and operators deciding where, and what, to build next.

Learn more

Azraq Verify

For investors, lenders, and diligence teams pressure-testing a deal.

Learn more

Azraq Shield

For insurers and asset owners protecting sites already in operation.

Learn more

Risk model

Six dimensions.One risk profile.

The engine scores every site across the six risks that change a project's economics. The same profile powers Build, Verify, and Shield.

See how the platform works

Market Risk

Demand volatility, pricing fluctuations, and competitive dynamics modeled against regional benchmarks.

Environmental Risk

Natural disaster exposure, climate impact projections, and resource constraint analysis.

Infrastructure Risk

Grid availability and reliability, behind-the-meter power, cooling, fiber, and water connectivity.

Social Risk

Community opposition likelihood, labour market depth, and stakeholder conflict indicators.

Regulatory Risk

Permitting timeline probability, compliance cost modeling, and policy change impact.

Financial Risk

Interest rate sensitivity, covenant breach probability, and cybersecurity shock modeling.

6 risk signalsPhysical and financial signals becoming a continuously monitored model

01Market

02Environmental

03Infrastructure

04Social

05Regulatory

06Financial

6 signals1 risk profile

Bring a site, portfolio, or underwriting question.

We will show how Azraq turns the physical inputs behind that decision into risk scores, exposure views, and outputs your team can review.

Book a working session Explore the platform

Physics. Priced.See the risk before it happens.

One risk engine powering three products, built for the teams that plan, fund, and protect data centers.

Built by a team from

Live platform

One view of portfolio exposure.

Every site scored, every covenant tracked, and every concentration risk surfaced as the underlying signals move.

Aggregate DSCR

1.19x

Range 0.94x – 1.48x

Pipeline Items

156

Portfolio-wide

Covenant Breach Risk

33%

1 of 3 in breach

Concentration Index

62/100

Geographic · Moderate

Global Coverage

OperationalConstructionAssessment

35 countries120+ data centers19 under assessment

Trusted by

Cushman & WakefieldNavon WorldRaeden

Why it matters

Capital moves faster than risk gets priced. Data center underwriting still relies on disconnected studies, local assumptions, and static diligence files. Azraq brings the risk drivers into one comparable view.

$100M+

Risk often left unpriced

Single projects can carry material exposure that never makes it into the IC memo.

80%

Projects delayed

Permitting, power, procurement, and local constraints usually show up after the model is built.

$15M+

Delay cost at stake

A missed milestone can move returns before the asset ever reaches operations.

Products

One risk engine. Three products.

Everything Azraq ships runs on the same engine: the same signals, the same model, one shared risk profile.

One engine. One source of truth.

The Azraq Risk Engine reads the physical and financial signals behind a data center and turns them into one comparable risk profile, shared by Build, Verify, and Shield.

See how the engine works

Azraq Build

For developers and operators deciding where, and what, to build next.

Learn more

Azraq Verify

For investors, lenders, and diligence teams pressure-testing a deal.

Learn more

Azraq Shield

For insurers and asset owners protecting sites already in operation.

Learn more

Risk model

Six dimensions.One risk profile.

The engine scores every site across the six risks that change a project's economics. The same profile powers Build, Verify, and Shield.

See how the platform works

Market Risk

Demand volatility, pricing fluctuations, and competitive dynamics modeled against regional benchmarks.

Environmental Risk

Natural disaster exposure, climate impact projections, and resource constraint analysis.

Infrastructure Risk

Grid availability and reliability, behind-the-meter power, cooling, fiber, and water connectivity.

Social Risk

Community opposition likelihood, labour market depth, and stakeholder conflict indicators.

Regulatory Risk

Permitting timeline probability, compliance cost modeling, and policy change impact.

Financial Risk

Interest rate sensitivity, covenant breach probability, and cybersecurity shock modeling.

6 risk signalsPhysical and financial signals becoming a continuously monitored model

01Market

02Environmental

03Infrastructure

04Social

05Regulatory

06Financial

6 signals1 risk profile

Bring a site, portfolio, or underwriting question.

We will show how Azraq turns the physical inputs behind that decision into risk scores, exposure views, and outputs your team can review.

Book a working session Explore the platform