Brookfield Asset Management - Asia Pacific’s Post

The data centre boom is moving to the next level with the advent of demand for AI. While liquidity is unlikely to be a problem, power and land constraints could be. In the latest feature, Proximo's editor Sean Keating discusses the significant growth and innovation in the data centre financing market, particularly driven by the demands of AI and the increasing power requirements of AI server racks. Data centre financings have reached substantial volumes, surpassing $29 billion in project debt volume in the US between 2021 and 2023. These financings often involve customised hybrid structures, reflecting the flexibility required to support the booming data centre sector's diverse needs. Read the full article here: https://lnkd.in/dkd_Fbgq #Proximo #datacentre Blackstone QTS Data Centers #financingmarket #AI

Constructing the infrastructures of the 21st century (Data Centres) requires a strong emphasis on power demand management. As the need for AI continues to grow, sustainability must be central to all infrastructure development efforts. To gain deeper insights, here's an interview with Blackstone President & COO Jonathan Gray discussing the role of data centres in this evolving landscape. https://lnkd.in/eTmEAiYw

AI, cloud infrastructure, energy reliability have been huge topics of conversation especially over the last couple of years. As we continue to evolve and consider AI from an investment and business perspective, infrastructure must be a consideration - and a risk that is mitigated. Power generation must be a part of this conversation. Sustainability is currently taking a back seat with power generation in regard to data centers (and especially AI data centers)- but moving forward, a multifaceted solution for power generation both for cloud infrastructure and AI infrastructure as well as overarching energy needs of the world (EV, an increasing organic demand as population shifts and grows, etc) must be at the forefront of conversations in business, investing, government spending, and we must look to a future that is more sustainable with a consideration for multiple sources of electricity. Having teams of subject matter experts designing the solution that bring multiple perspectives to the table is essential - and teams with SME in power as well as Data Centers and AI will be the best path forward for the most economical solution for all. We get what we pay for in everything and if we try to piecemeal the solution rather than being proactive and designing the future with sustainability and reliability in mind, we will find that much more cost effective in the long run.

This morning, KKR said Data Centers are a power first business. Connecting with people great at both would be a huge benefit. Do you agree? Connect with ENR #1 in Power / #2 in Data Centers here: https://hubs.li/Q02H_3MG0 Read this morning’s WSJ article below for details on KKRs insights. 👇🏼 https://lnkd.in/g3ntetVg

DatacenterDynamics recently highlighted Frank Scalzo's (VP, head of global site selection, data centers) perspective on the rapid expansion of Europe’s data center landscape and the investment surge shaping both mature and emerging markets. DCD’s feature unpacks the vital role that #power availability, #sustainable development, and #AI growth play in our site selection process. Our focus on building scalable locations that meet both current needs and #sustainability goals is more important than ever. Take a look at DCD’s article to see how we’re helping address today’s site selection challenges. You can read the full write-up here: http://spr.ly/6044SQcpa

With technology at the heart of the AI boom, a capital spending super cycle is creating opportunities for M&A across multiple sectors such as data centres, digital infrastructure, energy and more.  https://pwc.to/4fZFFVu #PwCDeals #megadeals

With technology at the heart of the AI boom, a capital spending super cycle is creating opportunities for M&A across multiple sectors such as data centres, digital infrastructure, energy and more. https://pwc.to/4fZFFVu #PwCDeals #megadeals

#InTheNasdaq: Big cities and the AI boom are setting the stage for a lasting bull market in utilities and data center stocks! Josh Duitz, portfolio manager at abrdn, shares his insights with InvestmentNews anchor Gregg Greenberg on how demographic shifts are shaping the future of infrastructure investments. https://hubs.la/Q02SWm960

Good read from Katie Prescott in today's The Times highlighting the UK's data center ambitions... and challenges. At the recent Barclays Digital & Disruptive Tech Conference, this was a hot topic. One of the speakers at the event made the point that digital infrastructure supporting AI and next-gen computing must consider sustainable development pillars: Energy, Resources and Waste. Data centres are evolving towards vertical integration for efficiency, with a focus on energy strategies like SMR and cooling technologies. Another point made was, despite investments in new tech, grid instability pushes data centres to prioritise resilience, potentially leading to increased gas generator investments (not so sustainable). So, AI's rise may widen the ‘digital equity gap’, emphasising the importance of owning infrastructure beyond data centers - the hidden AI value chain. Expect both these stories to continue to play out during the rest of 2024 and into 2025. If you need help explaining your story in this space, drop the FTI Consulting Strategic Communications team a line. #DataCenters #SustainableDevelopment #AI #DigitalInfrastructure

Europe’s data center power demand is expected to almost triple by 2030, accounting for 5% of total electricity consumption. However, limited power access, long project lead times, and infrastructure challenges could hinder progress. Meeting this growing demand requires more than $250 to $300 billion in infrastructure investment. How can Europe address these challenges and unlock AI’s full economic potential? Find out more in McKinsey & Company's latest article. https://lnkd.in/dXfJ4aRh #AI #DataCenters #DigitalTransformation #McKinseyInsights #Europe