Zoom Webinar
Powering, Financing, and Building the Future of Data Centers
This two-part forum series will provide a comprehensive examination of the latest developments in the data center sector, offering valuable insights for investors, developers, financial institutions, and infrastructure professionals.
Sept 10th and 17th, 2025
1-2:30 PM (ET)
Zoom
Part One
Power, Financing, and Alternative Investments
In the U.S., data center market revenue is expected to reach $137.5 billion in 2025, with an annual growth rate of 11.44% through 2029, resulting in a projected market volume of $212.1 billion (statista.com). This session will explore the financial engines powering this growth, how data centers are attracting capital, and the pivotal importance of access to energy sources.
Key Topics:
Financing Structures, Investor Appetite, and Alternative Investors:
- There are no data centers without access to power sources – Turbines, natural gas, water, energy storage
- Why data centers appeal to banks, private equity funds, and institutional investors
- Alternative investors: Family Offices, PE Offshore Funds
- Trends – Real estate, Power-first, Increasing deal sizes
- Third-party ownership of Power Infrastructure
- Depreciation & tax incentives - The benefits of accelerating the development of Data Center projects
Meet our Panelists

Anthony Orso
President - Capital Markets Strategies, Newmark Group

Christy Rivera
Partner - Norton Rose

Winston Connolly
Director - Connolly Inc.
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Sam Sixt
Principal - I Squared

Charles Miller
President & CEO - NgenX Energy

Ralph Consola
Forum Moderator - Marshall & Stevens
Part Two
Construction, Infrastructure, Energy, Cooling, & Connectivity
Data centers are no longer warehouses of servers; they are complex, energy-intensive infrastructure assets. This session will examine how developers are navigating the intertwined challenges of power, connectivity, real estate, and construction.
Key Topics:
Geography & Infrastructure Planning:- Site selection drivers: power access, cooling, and data latency
- Key markets and growth corridors
- Ad Valorem and Insurance – Real Estate & Fixed Assets
Energy – Cost and Alternatives:
- Behind-the-meter energy and grid interconnection
- Power Purchase Agreements and Grid Flexibility
Build-to-Suit Strategies & Scale Management:
- Onsite Power (Scalable Power Solutions)
- Hyperscale vs. small, scalable, modular data center models
- Redundancy and cooling systems
- Physical connectivity – Fiber, water, power
- Machinery, equipment, and cost segregation
Meet Our Panelists

Charles Miller
President & CEO - NgenX Energy

Akash Deshpande
Founder & CEO- Sky Blue AI

Anthony Festa
National Practice Leader, Machinery and Equipment - Marshall & Stevens

Paul Costanzo
Business Development Manager - Kais-AIR

Dino Barajas
Chair of Project Finance Practice Group (Americas) - Baker Botts

Fernando Sosa
Forum Moderator - Marshall & Stevens
Spent globally on Data Centers systems in 2024
2025 U.S. projected Data Center market revenue
in Data Center revenue in 2024
YOU MAY WANT TO KNOW
Frequently Asked Questions
Why is the data center market experiencing such rapid growth?
The global data center market is expanding due to the increasing demand for cloud computing, artificial intelligence (AI), digital transactions, and data storage. In 2025, global revenue is projected to reach approximately US$452.50 billion, with the U.S. contributing US$137.50 billion. The surge is driven by rising internet use, remote work trends, and digital content consumption.
What are the key financial incentives available for data centers?
Data centers benefit from Investment Tax Credits (ITCs) and Tax Equity Financing, particularly when integrating renewable energy solutions. These tools help reduce tax liabilities and attract investor capital for large-scale projects. However, eligibility depends on state and federal regulations, and such programs may change, requiring ongoing monitoring.
How are energy storage systems (ESS) being used in data centers?
ESS are vital for ensuring reliability, cost savings, and sustainability. They store energy during off-peak hours, maintain operations during outages, and support renewable energy integration. These systems align with corporate environmental goals and help manage fluctuating energy demands.
What valuation services does Marshall & Stevens offer for data centers?
Marshall & Stevens provides a comprehensive suite of services including:
- Real Estate Valuation for market value and infrastructure assessments.
- Machinery & Equipment Valuation covering IT systems, power, and cooling.
- Financial Valuation & Advisory, including purchase price allocations and feasibility studies.
- Energy & Infrastructure Advisory, focused on energy efficiency and renewables.
- Cost Segregation & Tax Consulting for depreciation optimization and tax credit identification.
- Litigation Support with expert witness services and dispute assessments.