Hatchbo LLC is a company that appears in Hunterbrook's analysis of Pamela Gregorski's corporate network. An SEC filing describes Hatchbo as "an affiliate of an investment grade, global technology company and industry leader in the evolving artificial intelligence computing space" and discloses a 10-year rental agreement with Solaris Energy Infrastructure covering 500 MW of data center power equipment. Hatchbo registered as a foreign entity in Arkansas in February. Hunterbrook does not confirm that Meta is behind Hatchbo; Arkansas regulators said Hatchbo did not appear to have filed permit applications for a data center project as of publication.

What is Solaris Energy Infrastructure and what is its connection to data centers?

Solaris Energy Infrastructure is a power equipment provider, now valued at over $4 billion, that transformed from an oilfield services company after its legacy business began deteriorating in 2022. It acquired Mobile Energy Rentals in 2024 and reoriented toward supplying power equipment to AI data centers. Per its 2025 SEC filing, the vast majority of its power solutions revenue is currently coming from a single customer: xAI. It also entered a 10-year, 500 MW rental agreement with Hatchbo LLC in February.

What is the xAI permitting controversy mentioned in the report?

At xAI's Colossus 1 data center near Memphis, as many as 35 gas turbines — supplied by Solaris — operated without air quality permits for several months, according to the report. xAI later obtained a permit covering only 15 turbines. At Colossus 2, 20 turbines were already running before an air permit was secured in March. Environmental advocates criticized the situation. The report uses this as a parallel example of the permitting and transparency concerns that run throughout the data center buildout.

Did Meta respond to Hunterbrook's findings?

Meta did not respond to Hunterbrook's request for comment before publication. Piqua's City Manager's Office, Solaris Energy Infrastructure, and Pamela Gregorski also did not respond to requests for comment.

What is Toreak Acquisition Corp. and why does it matter?

Toreak Acquisition Corp. is a Delaware-registered entity that appears in the Ohio filings of DB Stu LLC and also shows up in documents for Pelican Leap LLC and Laidley LLC — both described by Hunterbrook as confirmed Meta data center front companies. The report presents Toreak as a corporate intermediary that ties nominally separate data center vehicles together, adding circumstantial support to the argument that DB Stu is part of the same Meta structure. Hunterbrook does not allege that Toreak is itself improper, but treats its appearance as a connective thread.

Hunterbrook Alleges Meta Used Shell LLCs and NDAs to Hide $1B Ohio Data Center Projects From Residents and Officials

Hunterbrook's case rests on corporate filings rather than insider sources. J5 LLC, the entity behind "Project Klondike" in Piqua, Ohio, lists 1601 Willow Road, Menlo Park – a building within Meta's headquarters campus – as its address, and names David Kling, identified in a 2021 Facebook SEC filing as Vice President and Deputy General Counsel, as its manager. A single incorporator, Pamela Gregorski of Corporation Service Company in Delaware, appears across six data center-linked LLCs, four of which are already confirmed Meta subsidiaries. A second Ohio project by DB Stu LLC is tied to Gregorski by the same incorporator, the same day of incorporation as a confirmed Meta subsidiary, and a shared corporate intermediary – Toreak Acquisition Corp. – that also appears in documents for two confirmed Meta front companies. Both projects used near-identical NDAs to prevent local officials from naming the developer. The controversy triggered Ohio legislation that would ban such confidentiality agreements statewide.

Ticker: META (Meta Platforms, Inc.)
Research Firm: Hunterbrook Media
Report URL: https://hntrbrk.com/meta-data-centers/?ref=shortreport.fyi
Position Disclosure: Hunterbrook Capital states it had no positions related to this article at the time of publication.

Thesis

Hunterbrook Media alleges Meta is systematically using opaque front LLCs, shared corporate intermediaries, and confidentiality agreements with local officials to conceal its identity in the data center permitting process — and that two Ohio projects currently under review are part of that pattern.

Meta HQ in the Filing: J5 LLC, the developer behind "Project Klondike" in Piqua, Ohio, lists "1601 Willow Road, Menlo Park, California" — a building within Meta's headquarters campus — as its address in a Nevada annual corporate filing.
Facebook Executive as Manager: The same filing lists David Kling as J5's manager. A 2021 Facebook SEC filing identifies Kling as "Vice President, Deputy General Counsel and Secretary."
Officials Gagged by NDA: Piqua officials confirmed in a commission meeting that the city had signed an NDA with J5 LLC barring officials from disclosing the company's owner. The city fast-tracked the project via an emergency resolution in November and approved a tax abatement before the public knew the developer's identity.
Serial Incorporator Pattern (Circumstantial): Pamela Gregorski, a senior manager at Corporation Service Company in Delaware, is a signatory on J5's business registrations. Hunterbrook's review of 78 companies listing Gregorski as an officer on OpenCorporates found six linked to data center projects — four already confirmed as Meta front companies: Orla LLC (Indiana), Laidley LLC (Louisiana), Pelican Leap LLC (Louisiana), and Wurldwide LLC (Texas).
DB Stu LLC Alleged as Second Meta Front (Circumstantial): DB Stu LLC, proposing a data center in Mount Orab, Ohio, was incorporated by Gregorski on the exact same day as Balloonist LLC, a confirmed Meta subsidiary behind a Wisconsin data center. DB Stu's Ohio filings also list Toreak Acquisition Corp., a Delaware entity that appears across documents for Pelican Leap LLC and Laidley LLC.
Identical NDAs Across Projects: DB Stu had Mount Orab officials sign an NDA requiring confidentiality. A local TV station published the document, which the report says appears almost identical to the J5 NDA used in Piqua — suggesting a standardized secrecy template.
Hatchbo LLC: Unknown Party, Large Scale (Circumstantial): A third Gregorski-linked entity, Hatchbo LLC, signed a 10-year rental agreement with Solaris Energy Infrastructure for 500 MW of data center power equipment. An SEC filing describes Hatchbo as "an affiliate of an investment grade, global technology company and industry leader in the evolving artificial intelligence computing space." The report does not confirm Meta involvement; Arkansas regulators told Hunterbrook Hatchbo had not filed permit applications for a data center project as of publication.
Legislative Backlash: After DB Stu's NDA arrangement became public, Ohio Rep. Adam Bird introduced legislation to ban confidential agreements by elected leaders in village, township, and county boards statewide.

Notable Details

Meta, Piqua's City Manager's Office, Solaris, and Pamela Gregorski all did not respond to requests for comment before publication.
The online petition against Project Klondike in Piqua had gathered more than 2,500 signatures; a comment on the petition read: "Speaking for everyone — WE DONT WANT THIS."
Solaris Energy Infrastructure, now valued at over $4 billion, pivoted from a deteriorating oilfield services business starting in 2022, acquired Mobile Energy Rentals in 2024 — a small power rental operation whose co-owner had spent five years in federal prison for environmental crimes — and per its 2025 SEC filing now derives the vast majority of its power solutions revenue from a single customer: xAI.
At xAI's Colossus 1 data center near Memphis, as many as 35 gas turbines operated without air quality permits for several months before xAI obtained a permit covering just 15. At Colossus 2, 20 turbines were already running before an air permit was obtained in March.
J5 LLC also does business under the name Shaytura LLC — a separate alias that adds another layer of distance between the entity's public face and its alleged ultimate owner.

"But it's an uneven fight: In many cases, residents don't even know which tech company is behind the looming data center projects."

— Till Daldrup, Hunterbrook Media

FAQs

What is Hunterbrook's core allegation against Meta?

Hunterbrook alleges that Meta is using shell LLCs with opaque names to propose and develop data centers in small communities while concealing its identity from local residents and officials. The report presents J5 LLC — the developer behind "Project Klondike" in Piqua, Ohio — as a Meta-controlled entity, based on a headquarters address and a senior legal executive's name found in corporate filings. Hunterbrook further alleges the practice extends to at least one other Ohio project and follows a repeating pattern across multiple states.

What is J5 LLC and what is its connection to Meta?

J5 LLC is the entity proposing "Project Klondike," a data center in Piqua, Ohio. A Nevada annual corporate filing for J5 lists Meta's headquarters address — 1601 Willow Road, Menlo Park, California — and names David Kling as its manager. A 2021 Facebook SEC filing identifies Kling as "Vice President, Deputy General Counsel and Secretary" of Facebook, which Hunterbrook presents as documentary evidence linking J5 directly to Meta. J5 also does business under the name Shaytura LLC.

Who is Pamela Gregorski and why does she matter?

Pamela Gregorski is a senior manager at Corporation Service Company in Delaware who appears as a signatory or officer on the business registrations of multiple data center-linked LLCs. Hunterbrook reviewed 78 companies listing her as an officer on OpenCorporates and found six connected to data center projects, four of which — Orla LLC, Laidley LLC, Pelican Leap LLC, and Wurldwide LLC — are described as already-confirmed Meta front companies. The report treats her recurring appearance as circumstantial evidence of a Meta pattern for incorporating data center vehicles, though it does not allege personal wrongdoing on her part.

What is Project Klondike in Piqua, Ohio?

Project Klondike is the name given to a proposed data center development in Piqua, Ohio, brought forward by J5 LLC. The project generated significant local opposition, including a petition with more than 2,500 signatures. Residents raised concerns about water use, noise, and environmental impact — and separately objected to a lack of transparency, which escalated when it emerged that city officials had signed a nondisclosure agreement preventing them from naming the company behind the project.

How did the NDA with Piqua work, and was it legal?

Piqua officials acknowledged during a city commission meeting that the city had signed an NDA with J5 LLC barring officials from disclosing the company's identity. A copy of the agreement, reportedly signed by Piqua's economic development director, appears to have been posted on a local Facebook group. The city commission went on to fast-track the project through an emergency resolution in November and approve a tax abatement — all while residents still did not know the developer's name. The report does not reach a legal conclusion on the NDA's validity.

What is DB Stu LLC and why does Hunterbrook think it's linked to Meta?

DB Stu LLC is a data center developer proposing a project in Mount Orab, Ohio. Hunterbrook's circumstantial case for a Meta connection rests on three overlapping clues: DB Stu was incorporated by Pamela Gregorski; it was incorporated on the exact same day as Balloonist LLC, a confirmed Meta subsidiary behind a Wisconsin data center; and its Ohio filings list Toreak Acquisition Corp., a Delaware entity that also appears in documents for Pelican Leap LLC and Laidley LLC, both described as confirmed Meta front companies.

What legislation did the Piqua and Mount Orab controversies trigger?

After DB Stu LLC's NDA with Mount Orab officials became public, Ohio Rep. Adam Bird — whose constituents include Mount Orab residents — introduced legislation that would ban elected leaders in village, township, and county boards across Ohio from entering into confidential agreements with developers. The report notes that the NDA DB Stu used in Mount Orab appears almost identical to the J5 NDA used in Piqua, suggesting a standardized document in use across multiple projects.

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