The quiet giants of the digital age | Commercial Awareness Compass #53

Across Europe, data centres are consuming power on a staggering scale. By 2030, they could require as much electricity as 100 million homes—about half of all households in Europe. A far cry from the anonymous concrete monoliths on industrial estates, data centres have become a major part of commercial conversation and evolved into critical infrastructure powering everything from streaming and cloud storage to artificial intelligence.

But to build these, there are new challenges over power, land, and finance. Governments want growth, operators want efficiency, and lenders want assurance. As data centres swell in number and complexity, so do the deals that fund them. Who actually builds them? Who pays for them? And how do lawyers keep the lights on when the world’s servers never sleep?

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