Utilities in the U.S. are beginning to sell off their non-core assets to private investors to support the structural changes driven by artificial intelligence (AI). This process is occurring as demand for electricity from data centers drives up electricity prices.
Representatives from both parties have united against large tech companies developing massive data centers, which are increasing energy demand. The Trump administration has proposed that tech companies build their own energy sources, which could lead to the creation of a "shadow grid" for data centers.
In this situation, private investors, including Amazon and Nvidia, are making significant investments in energy infrastructure development, leading to rapid changes in the energy market:
"This process is unique from an investor standpoint, as these assets haven't been for sale in the last 20 years," noted Jeff Jenkins, co-founder of Bernhard Capital Partners:
