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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

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.

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