Reuters: BGO and Bulk Infra team up for $1 bln renewables- powered data centre
![Reuters: BGO and Bulk Infra team up for $1 bln renewables- powered data centre](https://23791392.fs1.hubspotusercontent-na1.net/hub/23791392/hubfs/news-2024-06-06.jpg?width=1920&name=news-2024-06-06.jpg)
LONDON, June 5 (Reuters) - Real estate investor BGO has more than doubled its equity stake in Bulk Infrastructure to help fund a 1 billion euro ($1.09 billion) expansion of the Norwegian firm's renewables-powered data centre operations, executives from both firms told Reuters.
A surge in demand for computing power to drive artificial intelligence is driving investment by users including Microsoft, Meta, and Amazon.