Private equity giants KKR & Co. and Energy Capital Partners (ECP) are joining forces to invest $50 billion in data centers and energy generation projects, betting on a growing need for robust digital and power infrastructure to sustain the AI revolution. The firms announced their partnership on Wednesday, highlighting the critical link between AI’s development and the infrastructure necessary to support it.
KKR and ECP’s Dual Focus on Digital and Power Infrastructure
This substantial $50 billion commitment reflects the dual need for digital storage and reliable energy sources as AI advances. Demand for data centers is soaring, yet power constraints are creating barriers for AI-driven businesses and governments alike. “Data center power demand is expected to grow by 160% by 2030, a demand that will go unmet without the right infrastructure in place,” said KKR co-CEO Joe Bae. He emphasized that such investments are key to increasing productivity, supporting global electrification, and allowing countries to gain a competitive edge in AI.
