topstockalerts
Oct 30, 8:14 PM
QTS, owned by Blackstone, along with major data center developers Vantage Data Centers, Compass Datacenters and Digital Realty, have pledged to improve transparency around their projects’ electricity demand, water consumption and ownership structures through the industry group Infrastructure for America, according to Bloomberg.
The four companies said they will not require state or local governments to sign controversial nondisclosure agreements. Although the commitments are nonbinding, executives hope they will establish industry standards and improve public trust. Opposition from local communities blocked or delayed at least 45 U.S. data center projects during Q2, highlighting growing resistance to the industry's expansion.
As part of the initiative, developers plan to eliminate evaporative cooling, finance grid upgrades needed to support their facilities and back electricity pricing structures that protect consumers from data center-related costs.
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