Daniel Farris on Data Centers, Power Constraints, and Industry M&A
Foley & Lardner LLP partner Daniel Farris is quoted in the Law.com article, “For Dealmaking Firms, Data Centers Are Money Centers. Will It Continue?” addressing the rapid growth of data center mergers and acquisitions amid the industry’s evolving landscape.
Farris noted the rapid expansion since 2022 but said he expects more stable long-term growth. “When folks say they expect it to slow down, it’s slowing down from a pace that’s frenetic,” he explained. “That doesn’t mean there won’t be continued growth. I think there will be continued growth. There will be some winners and losers [and] consolidations.”
“Power is king right now,” Farris continued, noting that some companies are investing not only in powered land but also in their own power projects to support AI engines.
From a law firm standpoint, it’s important to have both industry expertise and adaptable teams that can be “nimble and flexible” when working on these projects, Farris added.
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