POWER Magazine•about 20 hours ago
Data Center Developer, Major Investment Group Plan Gigawatts of New Capacity
Key Takeaway
This announcement signals a major acceleration in hyperscale data center development, driving substantial new power demand and competition for grid resources.
AI Summary
- •A new platform for hyperscale data centers, led by former AWS executives and a major investment group, plans gigawatts of new capacity across North America.
- •This initiative signals a significant increase in demand for power generation, transmission infrastructure, and grid interconnection.
- •The entry of well-funded, experienced players into the data center development space will intensify competition for interconnection queue positions and power purchase agreements (PPAs).
Topics
datacenterfinancinginterconnectm&appaqueuetransmission
Article Content
A data center development company led by former executives with Amazon Web Services (AWS) has joined with a leading investment group to launch a platform for hyperscale data centers in North America. The post Data Center Developer, Major Investment Group Plan Gigawatts of New Capacity appeared first on POWER Magazine .