Key facts
- Schroders Greencoat is targeting data center-linked assets.
- The strategic shift is driven by increased electricity demand from AI.
- AI technologies require substantial electricity to power data centers.
The rapid advancement and adoption of artificial intelligence technologies are leading to a significant increase in the demand for electricity, particularly to power large data centers. This trend presents new opportunities for renewable energy investors like Schroders Greencoat to align their strategies with the evolving energy needs of the tech sector.