Explosion in Data Center Spending Requires Non-Grid Power Options

February 11, 2025--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--Of the industries tracked by Industrial Info, data centers currently rank third in total project spending, after power generation and mining. But by the end of this year, data centers could be much closer to the top in spending levels, according to David Pickering, Industrial Info's vice president of research for Industrial Manufacturing. Companies featured: Microsoft Corporation (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Blackstone Incorporated (NYSE:BX), Meta Platforms Incorporated (NASDAQ:META), DigitalBridge Group, Incorporated (NYSE:DBRG)