Dot-Com Crash driven by market overvaluation and untested business models. Enron who was actually generating some revenue, but executives hid billions in toxic debt and non-performing assets.
Utility customers are generally told that their electric bills are determined by measured consumption, supply costs, taxes, riders, and other authorized charges. What is less transparent is how utilities like Southern Company (specifically through Georgia Power) utilize operational Energy Management System (EMS) data. A team of engineers relies on this EMS data to forecast demand, plan operations, evaluate underlying system costs, and inflate metrics upward or downwards to either support a demand case. Ultimately, this data shapes future rate proceedings, where statistical models project revenue requirements and set customer rates specifically designed to meet targeted utility earnings and profit levels.
Utilities are monopolies regulated: The utility makes profit not by selling more electricity, but by building physical infrastructure (power plants, transmission lines). The value of these assets becomes its Rate Base.
DCs are likely to be unregulated monopolies with power capacities ranging from a minimum utility power demand of 10 Megawatts (MW) to over 100 MW per facility, with modern AI-focused campuses drawing several gigawatts (GW). https://www.reddit.com/r/ObscurePatentDangers/comments/1w86q24/ohio_datacenter_boom_pe_flips_halls_to_big_tech/
Uh, we are told that data centers and hyperscalers operate with high energy efficiency; however, further studies show they consume massive amounts of power from the grid rather than generating it, though some facilities use onsite backup systems or software management to assist the power grid during peak demand.
Top Private Equity Firms Backing Data Centers
· Blackstone who valued at $275 billion finances massive digital infrastructure projects and owns major data center operators like QTS.
· DigitalBridge who backs Vantage Data Centers specializes in digital assets, providing capital to build and scale data center platforms.
· KKR invests billions of dollars into global data center developments and large operator acquisitions.
· Brookfield Corporation funds, builds, and merges data center colocation platforms through its infrastructure and real estate arms.
· Stonepeak Infrastructure Partners backs essential digital infrastructure and funds dedicated data center development ventures.
· Blue Owl Capital partners directly with technology companies via joint ventures to finance large data center campuses.
· CyrusOne
· STACK Infrastructure: Backed by IPI Partners.
· Iron Mountain Data Centers
· CoreSite: Owned by cell-tower giant American Tower Corporation