Investors Pour Billions Into On-Site Power to Break AI Data Center Bottlenecks
Investors are financing on-site power generation to speed up AI data center build-outs and reduce reliance on electric grids. Blackstone, KKR and Apollo agreed to invest $5.3 billion for a 49% stake in five Williams gas projects, while Brookfield expanded Bloom Energy project financing to $25 billion.
- Blackstone, KKR and Apollo to invest $5.3 billion for 49% of five Williams gas projects
- Of that, $4.4 billion covers investors' share of expected project costs
- Brookfield raised potential financing for Bloom Energy projects from $5 billion to $25 billion
- Williams brought its first 200 MW online in under 18 months versus 5-10 years for grid power
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