AdQ Abu Dhabi, American PE to invest $ 25 billion in American Data Center projects

Companies announced on Wednesday that the Sovereign Resources Fund and the American Energy Capital Partners Company, or ECP, signed a $ 25 billion investment partnership deal for increased power generation, primarily in the United States, to serve the needs of the data center.

The partnership “aims to serve the increasing energy needs for data centers and high -resolution cloud companies and other intensive energy industries,” as stated in a joint statement between companies. “Since the continuity and quality of energy supplies is crucial for these highly growing industries, the need for captive power plants that are often a pre -condition. The partnership focuses on meeting these long -term needs.”

The partnership of 50-50 capital will publish with the aim of investing more than $ 25 billion in projects worth 25 GB by developing green field sites, new construction and expansion of the current infrastructure.

ADQ, established in 2018 in Abu Dhabi, United Arab Emirates, focuses on critical infrastructure and global supply chains, while ECP describes itself as the largest special owner of power generation and renewable energy assets in 2005 in 2005.

The partnership advertisement comes at a time increasing rapidly energy needs – the demand for electricity in the United States is scheduled to increase after staying largely flat for 15 years, and it is fueled by new data centers, factories, electric vehicles, hotter and longer summer.

And as a technology giants like Microsoftand Amazon and Google Competition to take over the initiative in the artificial intelligence revolution, the data centers needed to operate prosperous technology consumes An increasing amount of energy.

The US Department of Energy, In the December 2024 report, It is estimated that the growth of the data center in the United States has doubled three times over the past decade and that the total use of electricity in the data center is expected to double or three times by 2028.

According to “a 2024 The International Energy Agency report on electricity,“The data center in the United States is expected to explain more than a third of the additional demand until 2026. At the global level, the total electricity consumption of data centers can reach more than 1000 hours of Terawatt, or TwH, in 2026-and this rises from an estimated 460 TwH in 2022 and“ almost an equivalent of electrical investment in Japan. ”

The deal comes as the president of ADQ and the UAE National Security Adviser Sheikh Tahain bin Zayed Al Nahyan visited Washington, a meeting with the President Donald Trump and Elon MuskAmong other political leaders and businessmen.

The United Arab Emirates has strengthened relations with the United States on artificial intelligence and seeks to obtain more access to American technology to build its own infrastructure and diversify its economy away from hydrocarbons.

The small oil -rich Gulf sheikh follows investments intensively in artificial intelligence, data centers and energy transmission technologies, as it collects artificial intelligence dominance.

The Investment Fund in the United Arab Emirates last year cooperated with Microsoft and Blackrock to form a consortium with an initial goal of investing more than 30 billion dollars in prosecution projects in the United States on Thursday, the American chip industry giant Nafidia Musk’s Xai announced that it would join the project.