Carl Fleming discusses the convergence of power, digital infrastructure, and capital with Infralogic

In a recent Infralogic article, Carl Fleming discusses how unprecedented demand for AI and data center capacity is changing the relationship between power development and digital infrastructure.

As grid constraints and lengthy interconnection timelines become increasingly important considerations for data center development, developers and investors are pursuing behind-the-meter generation, co-location, and other structures designed to bring power and digital infrastructure together.

The shift is also creating new development and investment models. The article discusses the recent sale of Copia Power to EQT, following Copia’s development of a significant pipeline of powered data center opportunities alongside its existing energy development platform. McDermott recently represented Copia Power in the transaction, with Carl among the lawyers leading the McDermott Will & Schulte team.

As Carl explains, the market is increasingly moving beyond the traditional model of finding power for a data center. Power availability itself is becoming a driver of where and how digital infrastructure is developed, financed, and ultimately owned.