By james art 
Harrison Street raised about $ 600 million in its HS digital fund and related vehicles. This marks the first special set of capital of the investment company in the data center.
The company has expanded its digital assets platform due to the invasion of data consumption, according to prepared remarks by Michael Hochanadel, managing director of Harrison Street.
Over the last seven years, the company has made more than $ 5.6 billion for powered shells, hotels and coloration sites, as well as dark fiber assets. Harrison Street invests in more than 24 digital assets covering about 6.5 million square feet of data and north of the 2.1 gigs of capacity.
Last May, the company acquired a 50 -acre site in Irving, Texas, in partnership with PowerHouse. Plans require the construction of about 1 million square feet in the data campus with a capacity of 200 megawatts with full construction.
Five months earlier, the same joint venture closed on another campus site of the Data Center, this time in Renault, Nev. The stated goal was to build a facility of 900,000 square meters, estimated at $ 400 million.
The development of the data center is increasing despite a shortage of energy
The capacity of the US Data Center should increase from 22 Gigawatts in 2024 to 26 Gigawatts in 2025, according to Global Center for JLL data. This year, the company predicts 4.4 gigs of new construction to split across the country.
The tense electrical network remains one of the largest obstacles to the development of new data centers. In Virginia alone, data centers represent more than 25 percent of energy demand. The solution that has acquired grip is the application of nuclear energy to data centers.
The Stargate project, which aims to invest $ 500 billion over the next four years to build a new Openai infrastructure in the United States, can also use nuclear energy as per BloombergS The investment pool is provided with $ 100 billion for immediate implementation.