Infrastructure Bill Poised To Push `Significant` Dollars Into U.S. Data Centers
The Bipartisan Infrastructure Investment and Jobs Act, currently awaiting President Joe Biden’s signature, will direct more than $130B in federal spending toward improving digital and energy infrastructure — programs that industry leaders say may change the landscape of where and how data centers are built.

“I don’t think there’s any doubt that the impacts on the industry are potentially significant,” said Greg Riegle, managing partner at McGuireWoods Northern Virginia practice, speaking with Bisnow after the bill’s passage by the Senate.

“The industry as a whole has always pushed resiliency, stability and, increasingly, sustainability in the industry and the networks that support it, whether power or fiber, so I think the objectives of the legislation are well-aligned.”...
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RSK: This may be the new up and coming darling of commercial real estate!



- - Volume: 9 - WEEK: 47 Date: 11/16/2021 12:02:27 PM -