Technology has transformed the way we live and dramatically increased the volume of data being stored. As a result, data centres, as an asset class, have risen in value. However, the cost of energy and the water usage needed to run them, are increasingly coming under the spotlight.
It is estimated that data centres will account for over 3 per cent. of electricity demand in the EU by 2030 if development continues on the current trajectory. With spiralling energy costs, warnings of supply shortages, growing concerns about water resources and an increasing focus on sustainable lending, we look at what is next for data centre financings.