"[T]he nature of [data centers'] power demand is so astronomically bigger than anything that's come before ... Working people should not be subsidizing Big Tech and, by extension, the private equity firms."
“Private equity is using its newfound control over utilities to socialize costs for the expansion of data centers,” said one critic.
Data Centers Devour Electricity. Private Equity Is Buying Utilities to Cash In.
The seizure of public utilities for the sake of profit may lead to a disaster for consumers — and the planet.