Abu Dhabi's ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers

Sovereign wealth fund ADQ and American private equity firm Energy Capital Partners have formed a $25 billion investment partnership to enhance power generation in the U.S. for data centers. The 50-50 partnership aims to invest in 25 gigawatts of projects through greenfield site development and infrastructure expansions to meet the growing power needs of data centers and other energy-intensive industries. ADQ, based in the UAE, focuses on critical infrastructure investments, while ECP is the largest private owner of power generation assets in the U.S., responding to the surging electricity demand driven by new data centers, factories, electric vehicles, and increasing temperatures.

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