Energy giants and tech companies are engaging in a flurry of deal-making, as they scramble to build out the infrastructure needed to power the rapidly expanding data centre industry. In a bid to meet the growing demand for data storage and processing, companies are investing heavily in renewable energy projects, energy storage solutions, and high-voltage transmission lines. Major tech firms are partnering with energy companies to develop large-scale solar and wind farms, while also acquiring stakes in existing power plants and transmission networks. As the world becomes increasingly reliant on digital infrastructure, the stakes are high for companies that can secure the necessary energy supplies to keep data centres humming.
Companies in dealmaking blitz as they seek to build the energy infrastructure for data centres