Asia-Pacific Data Center Boom Hits IPO and Regulatory Setbacks
Firmus scrapped a planned $5 billion Australian IPO and PLDT delayed its data center REIT listing to 2027, as Indonesia, Thailand, and Malaysia slow or scrutinize new projects.
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AI Data Centers Are Driving a Premium for Existing Power Plants
Permitting delays and interconnection backlogs are pushing utilities and investors to acquire operating power plants rather than build new ones, as AI-driven electricity demand accelerates.
Google Admits AI Growth Is Outpacing Grid Decarbonization
Google's 2026 Environmental Report reveals electricity demand jumped 37% last year, the largest annual increase in company history, while clean grid capacity continues to lag behind.