As far as getting power to the data centers the two class acts are Prysmian S.p.A. (PRY.Milan) for cabling and Quanta Services (PWR) for contracting/installation/engineering.
From Benzinga, April 29:
AI Data Centers Drive Electricity Demand: Goldman Sachs Picks 16 Stocks To Play The Trend
Zinger Key Points
- Goldman Sachs forecasts 15% CAGR in data center power demand until 2030, with significant capital investments expected.
- Escalating AI data center electricity needs to benefit a selected basket of utilities, renewables, and industrials.
The highlighted stocks are as follows:
Power Generation Capacity Additions
- Xcel Energy Inc.XEL+0.0: Regulated utility exposed to power generation needs to support data center growth in Midwest Independent Transmission System Operator.
- First Solar Inc. FSLR-1.40%: Primary manufacturer and supplier of solar panels for utility-scale solar farms across the United States.
- Southern Company SO-0.12%: Regionally positioned regulated utility poised to meet the escalating demand from data centers through strategic investment in generation.
- GE Vernova GEV-0.80%: Positioned to profit from sustained growth trends as a supplier of power generation assets.
Power Infrastructure Investment Needs
- Quanta Services Inc.PWR-0.61%: Specialty contractor specializing in utilities construction, poised to reap rewards from increased electricity demand.
- MYR Group Inc. MYRG-0.52%: Involved in data centers through transmission and distribution (T&D) projects, establishing prominence as a key player in electrical contracting.
- DBA Sempra SRE-0.32%: Utility allocating substantial capital expenditure on T&D infrastructure to bolster the expansion of data centers in Texas.
- Kinder Morgan KMI-0.21%: The leading operator of natural gas pipelines in the United States, set to profit from the rising demand for gas-fired generation....
....MUCH MORE
