Energy Shock Clouds $800 Billion of Asian Data Center Financing

The energy shock sparked by the Iran war is increasingly coming up in conversations about data center deals for Asian bankers, who have helped finance billions of dollars of artificial intelligence infrastructure across the region.

While lending to the sector remains strong, rising power prices and energy security are becoming a bigger consideration in financing decisions, according to half a dozen bankers, who asked not to be identified discussing private matters. Some of them have even programmed notifications to their digital devices to keep track of regional commodity prices.