Up to half of planned US data centres face delays or cancellation, Kimmeridge says
Investment firm Kimmeridge says as many as half of the data centres proposed in the United States are at risk of delay or cancellation because of political backlash and the difficulty of building physical infrastructure. It expects that to cut forecasts for US gas demand, most of which Europe now buys.
As many as half of the data centres proposed in the United States are at risk of delay or cancellation, according to Kimmeridge Energy Management. The investment firm blames political backlash and the ordinary difficulty of building physical infrastructure.
“The sort of Silicon Valley model is running into a real-world infrastructure constraint,” said Ben Dell, the firm’s managing partner and co-founder, speaking at Bloomberg’s New York headquarters.
Where the estimate comes from is worth noting. Kimmeridge holds stakes in gas producers and in a Louisiana export terminal, and Dell says delays would force cuts to US...
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