Approximately 20% of ventures total potential data center capacity is expected to be delivered through 2025. We will retain a 20% interest in the developments and earn fees for developing, leasing, operating, and managing these facilities. All told, in 2023, we announced or completed joint ventures and asset sales driving leverage down roughly 1.3 turns from the first quarter peak accelerating our ability to deliver needed capacity to our customers and enhancing our returns on invested capital. I would also be remiss if I did not mention Digital Core REIT's successful $120 million follow-on equity offering last week which will support the REIT's planned acquisition of an incremental 24.9% interest in our jointly owned asset in Frankfurt for $125 million.