KKR has signed a $50 billion strategic partnership with American investment firm Energy Capital Partners (ECP), which will focus on accelerating data centre, power generation, and transmission infrastructure development to support the expansion of artificial intelligence (AI) and cloud computing worldwide.
The collaboration aims to support large-scale model training, tuning, and inferencing across different regions. The partners will work with industry players, including utilities, power producers, and data center developers, to speed up the development of large data center campuses for hyperscalers. KKR will fund the partnership using its existing infrastructure, real estate strategies, and insurance accounts. ECP will fund it through existing and future infrastructure capital pools.
“With our combined footprint and capabilities, we have a more than 8GW existing data aenter pipeline, 100GW of currently operating and development-ready power generation, and significant experience working with stakeholders across both industries to help realize this opportunity quickly and responsibly,” said Waldemar Szlezak, partner and global head of digital infrastructure, KKR.
"In order for the US to maintain its advantage in AI, we will need massive new investments in power infrastructure on an accelerated basis that are capable of addressing concerns related to electricity prices and carbon emissions,” said Doug Kimmelman, founder and senior partner, ECP.
