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The car is pursuing a digital reality center building in Eshbern, Virginia, USA, March 17, 2025.
Leah milis | Reuters
The Energy Capital Partners, the Sovereign Fund of the ADQ and the American Private Equity firm, or the ECP, signed a $ 25 billion transaction to increase electricity production, first and foremost in the US, to maintain the needs of the data centers, said the company on Wednesday.
Partnership “aims to provide increasing needs for the power centers of data processing, cloud companies and other energy industries,” the firms said in a joint statement. “Because continuity and quality of nutrition are crucial for these high -growth industries, the need for captives in the immediate vicinity is often a prerequisite. Partnership is focused on meeting these needs in the long run.”
The 50-50 partnership will deploy capital to invest more than $ 25 billion through 25 gigawat projects through the development of the Greenfield site, new assembly and expansion of modern infrastructure.
ADQ, created in 2018 in Abu -Dabi, United Arab Emirates, focused on investment in critical infrastructure and global supply networks, while ECP calls itself the largest private owner of electricity production and renewable energy sources in US ADQ, which is 249 billion. He raised more than $ 31 billion in capital commitments since his accession in 2005.
The partnership announcement occurs rapidly increasing the need for electricity – the demand for electricity is planned to increase in the US after remaining largely flat for 15 years, which are fueled by new data centers, factories, electric vehicles and hot and more summer.
And how technological giants like Microsoft. Amazon and Google Competitions to take role in the revolution of artificial intelligence, the data centers needed for power developed technology, consume The amount of energy is constantly increasing.
US Energy Ministry, In the report of December 2024, It is estimated that over the last decade the US load in the US has grown three times, and that by 2028, it is allegedly doubled or three times.
According to “A 2024 report of the International Energy Energy Agency,It is expected that the data centers of data centers in the US “will be more than a third of additional demand after 2026.” On the global scale, total data consumption of data centers can reach more than 1000 hours of terrace, or TWH, in 2026, compared to approximately 460 TWH in 2022 and “approximately equivalent to Japan in Japan” approximately equivalent. “
The transaction comes when ADQ Chairman and Joint National Security Advisor Arab Emirates Sheikh Tahnun Bin Zad al Nadiaz visited Washington, meeting with the President Donald Trump and Elon MuskAmong other political and business leaders.
The UAE worked on strengthening the US ties with AI and looking for more access to US technology to build its own infrastructure and diversify its economy away from hydrocarbons.
A small, rich bay of sheikhdo intensively pursues investment in artificial intelligence, data centers and energy transition technology when the II Race is collecting pace.
Last year, UAE Investment Fund MGX has been combined with Microsoft and BlackRock to create a consortium with the original goal of investing over $ 30 billion in the US -related projects in the US Nvidia And Musia XAI announced that he would join the project.