Blackstone: Industry needs to go beyond ‘do no harm’ in data centre development
Failed to add items
Add to basket failed.
Add to wishlist failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
Blackstone: Industry needs to go beyond ‘do no harm’ in data centre development
-
Narrated by:
-
By:
In this special episode – based on a keynote interview done on 24 March at our Global Summit in Berlin – editor-in-chief Bruno Alves sits down with Sean Klimczak, Blackstone’s global head of infrastructure.
As the world’s largest investor in data centres, a significant part of the discussion centred on how Blackstone is investing in the sector. Highlights included Klimczak’s call on the industry to move beyond a “do no harm” standard and add net benefits to the communities where data centres are built. He also spoke about how the data centre market will internationalise in 2026-27, with a particular focus on Asia-Pacific as a development hotspot.
Other talking points included Blackstone's role as a major investor in US utilities at a time of surging power demand; the risks of what Klimczack termed the “private equity-ification” of infrastructure, as the asset class’s boundaries expand; and why Europe is “for sale” and seen by Blackstone as a tremendous opportunity.