Frequently asked questions
Answers to the questions we receive most often from counterparties, investors and search users. Last reviewed: .
Questions and answers
Q. What kind of company is CAYNMARS?
CAYNMARS Co., Ltd. is an AI energy infrastructure developer and orchestrator founded in 2020. We integrate land, power, distributed energy, permitting, technology and capital to convert AI data centre and energy infrastructure opportunities into investable, executable structures. Headquarters: 907, Signature Tower West, 100 Cheonggyecheon-ro, Jung-gu, Seoul, Korea.
Q. Is CAYNMARS a real estate company?
It began in real estate planning, advisory and development — that part is accurate. The centre of the business today is AI data centres, distributed energy and the software that operates that power. Read it as a company that learned four stages in real estate development — origination, structuring and permitting, financing, and construction management — and then took on the fifth, operation, itself. The logistics centre carried through its full development cycle (2021–2024) is the evidence for that execution.
Q. What does 'origination through operation' actually mean?
Five stages carried by one company. (1) Originate — finding sites and opportunities where power can actually be solved. (2) Structure and permit — building the business structure and taking it through permitting. (3) Finance — shaping it into an investable form and closing the financing. (4) Build — managing construction directly. (5) Operate — building CAYNMARS NEO OS™, the software that runs the power after completion. The first four were completed once already in real estate development; the fifth is what distinguishes CAYNMARS now.
Q. What does CAYNMARS NEO OS do, and what stage is it at?
It is integrated energy operations software that places power control and dispatch, quality management and monitoring, distributed resource aggregation (VPP), availability measurement and settlement, financial model analysis and carbon footprint tracking on one basis. It was designed and built in-house by CAYNMARS and development is complete and it is preparing for demonstration. Commercial operation follows the demonstration stage, and external verification is at the discussion or planning stage.
Q. Who is the CEO and when was the company founded?
The CEO is Aidan H. Chae and the company was founded in 2020. The CEO has 21+ years of experience in institutional real asset transactions and development, with approximately KRW 1.3 trillion of cumulative transaction experience (including transactions executed at prior firms before the company's founding).
Q. What is the track record?
Prior-role experience of the CEO includes advisory on a Seoul CBD landmark office (approx. KRW 460bn) and a western Seoul financial centre (approx. KRW 300bn). Corporate projects include the Icheon Jakchon-ri logistics centre completed across the full development cycle (2021–2024) and the Mokri logistics centre in execution. Corporate track record and the CEO's personal prior experience are stated separately.
Q. What is the reference project and what stage is it at?
the CAYNMARS AIDEC Yeoju (formally the CAYNMARS AI Data & Energy Campus Yeoju) is a reference project in Yeoju, Gyeonggi integrating a 40MW-class AI data centre with distributed energy centred on hydrogen fuel cells. It is at development stage — site rights and local resident consent secured, concept design in progress, generation licensing in preparation, and technical review being pursued with specialist institutions. Target commercial operation is around 2030. A 200MW-class Phase 2 campus is at concept stage.
Q. What exactly does CAYNMARS do in an AI data centre project?
As developer, orchestrator and owner of the operating software, CAYNMARS directly performs site control, permitting, business structuring, investment and financing, and collaborates with specialist partners for design, EPC, operations and equipment. Core technical validation for generation and grid is conducted with specialist institutions.
Q. Why fuel cells rather than gas turbines or SMR?
New transmission lines take four to eight years in advanced economies (IEA), gas turbine order slots at the major OEMs extend beyond 2029–30, and SMRs are expected to commercialise in the 2030s. Fuel cells can be deployed in roughly one to two years using existing gas infrastructure. Fuel cell LCOE is currently higher than the KEPCO tariff; our Strategic Analysis page tests when the two curves cross under three stated-assumption scenarios.
Q. What is Blue Energy?
Blue Energy is CAYNMARS' own name for a verification-based low-carbon AI power framework (not an official certification term). It comprises high-efficiency fuel cells, a CCUS application pathway, a low-carbon hydrogen pathway, lifecycle MRV, and a blue-to-green transition. We use carbon-neutral claims only after third-party verification of operating data.
Q. How do I enquire about partnership or investment?
Email contact@caynmars.com and we will reply within one to two Korean business days. We run six partnership tracks — technology, energy, investment, AI data centres, co-development and real asset structuring — and propose a 30-minute preliminary review meeting as the first step.
Q. How can I obtain detailed technical and business materials?
Detailed materials are provided through a staged data room under a mutual NDA, after confirming partnership fit and the scope of information required. Public pages carry concept-level information only; equipment configuration, capacity allocation and schedules are managed as trade secrets.