ADQ, an Abu Dhabi-based sovereign investor with a focus on critical infrastructure and global supply chains, and Energy Capital Partners (ECP), the largest private owner of power generation and renewables in the United States, have agreed to establish a $25 billion 50-50 partnership in new-build power generation and energy infrastructure.
The partnership aims to service the growing power needs of data centers, hyperscale cloud companies and other energy-intensive industries. As the continuity and quality of power supply is crucial for these high-growth industries, the need for captive power plants that are in proximity is often a prerequisite. The partnership is focused on meeting these needs over the long term, with its mandate including greenfield development, new-build and expansion opportunity projects that will establish it as a leader in power generation for a growing U.S. economy.
Although the partnership’s primary geographic focus of the projects will be the
