Crow Holdings CEO: US Power Getting ‘Gobbled Up'
NegativeFinancial Markets

- Michael Levy, CEO of Crow Holdings, stated that power capacity in the United States is being rapidly consumed due to the growth of data center developments. He highlighted that energy providers are now demanding large, multi-year deposits from developers to ensure future access to power.
- This trend indicates a significant shift in the energy market, as the increasing demand from data centers could lead to challenges for developers in securing necessary power resources, potentially impacting future projects and the overall market dynamics.
— via World Pulse Now AI Editorial System
