May 17, 2025 | Posted by Abdul-Rahman Oladimeji
Five Point Infrastructure LLC (formerly known as Five Point Energy) this week announced the formation and funding of PowerBridge LLC, launched with an equity commitment of up to $1 billion. PowerBridge will focus on developing, building, and managing gigawatt-scale data center campuses, associated power infrastructure, and fiber network connectivity throughout North America.
Hernandez said: “We are excited to partner with Five Point to capitalize on this generational moment in the growth and convergence of energy and digital infrastructure. With Five Point’s institutional support, our collective energy infrastructure, power operations, data center development, and fiber experience, and the significant additional value that other Five Point portfolio companies can bring for customers, we look forward to providing hyperscale customers with turnkey data center campus solutions at scale.”
David Capobianco, CEO and managing partner of Five Point, said: “The formation of PowerBridge adds another important component to our powered land strategy. Together with Landbridge, WaterBridge, our deep institutional relationships and track record of building critical infrastructure companies, PowerBridge is well-positioned to create best-in-class data, power, and fiber solutions for data center customers.”
