Koch Inc. is exploring a potential sale of Edged, a data-center developer it co-founded, according to people familiar with the matter cited by Bloomberg. The discussions are focused on a valuation around $15 billion, though the sources indicate this is at a preliminary stage and not all details are final.

Edged develops data-center projects intended for major “hyperscaler” customers—large cloud and technology companies that operate large-scale data-center footprints. The company’s role is tied to building facilities for these customers, and Koch’s involvement traces to its decision to co-found Edged.

No definitive agreement is reported. The reporting does not specify potential buyers, timing, deal structure, or whether a sale would proceed. As the process develops, Koch may choose not to pursue the transaction depending on market conditions and negotiations.

Overall, the available coverage describes early-stage talks around a possible sale of Edged at an estimated value of about $15 billion.