EQT chair backs power-led AI investment and highlights private-equity pressures
Business · First reported 2 Nov, 12:44 · Updated 13:13
EQT global chair Jean Salata argues that AI-related investment should focus on deliverable infrastructure, including power and data centers, while private-equity firms face pressure to return capital and adapt their fund models. The coverage also reports EQT’s stated energy assets and recent investor distributions.
- Salata says EQT sees power, energy, chips and data centers as fundamental to AI, and reports that it has $100 billion of energy assets.
- He distinguishes signed data-center contracts from projects delivered on time with power connected, and says 92% of EQT’s contracted data-center revenue comes from hyperscalers.
- Salata says EQT distributed $33 billion to investors in the past 12 months and expects private-equity secondaries to become a larger part of the market.
Summary written by Lux AI from 2 articles
Key facts
- EQT energy assets
- Salata says EQT has $100 billion in energy assets.
- Data-center revenue
- 92% of EQT’s contracted data-center revenues are with hyperscalers, according to Salata.
- Investor distributions
- EQT distributed $33 billion to investors in the 12 months before the interview.
- Private-equity secondaries
- Salata says secondaries deals totaled $250 billion last year and had doubled over the preceding three or four years.
- Industry fundraising
- Since 2018, private-equity firms asked investors for $1.5 trillion more capital than they returned, according to Yahoo Finance.
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