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Investing in data centers is a capital-intensive, long-term game. With committed capital now running into the trillions and more still flowing into the sector, understanding where that money comes from and how it is deployed has never been more important. This episode explores the evolving investment landscape, examining how financing structures are changing and the key inflection points that shape decisions across the asset lifecycle, from new builds and expansion to refinancing and exit. Join this episode to discuss:

• The expanding capital stack, from public markets and private equity to infrastructure funds and debt
• Financing structures and instruments used across the project lifecycle
• The role of JVs and strategic partnerships in driving scale and growth
• What defines a successful exit today, including valuation, timing and reinvestment strategies