Investment management company Blackstone has acquired the Potomac Energy Center in Virginia for $1bn, marking a shift in how infrastructure firms are positioning themselves to meet power demands from AI operations.
The 774MW natural gas-fired power plant is situated in Loudoun County, Virginia, where data centres currently process more than one-third of global internet traffic. The region houses over 30 million square feet of operational facilities, with 200 data centres built and 117 in development. (AI Magazine)