Surging hyperscale demand, tightening power availability, and shifting capital markets are redefining how data centers are financed and underwritten. This session brings together lenders, investors, developers, and advisors to examine the credit, structural, and policy forces shaping today’s digital‑infrastructure deals — from tenant‑driven bankability to the growing role of grid access and community considerations in determining long‑term value.

This conversation will examine tenant credit, capital structure and power risk, discussing

- Tenant credit dynamics — assessing whether “the tenant is the credit,” and the implications when hyperscalers reach lease termination and walk away

- Capital structure competition — how Private Placements, 144A, ABS, CMBS, and Project Finance are each capturing different segments of the market

- Power risk as a financing constraint — interconnect queues, behind‑the‑meter generation, PPAs, and treating grid access as a core credit feature

- Community and policy pressures — balancing local opposition, economic development, energy security, and national digital‑infrastructure strategy

This event is free of charge for IPFA members (subject to your organisation membership category) and the public sector. If you are not currently a member and would like more information about IPFA membership, please contact us at membership@ipfa.org. 

 

By registering for this event, you consent to the sharing of your name, job title, and organisation with the event host, as outlined above. If you do not wish to share this information, please do not register for the event.

 

Please note that your name, job title, and organisation may also be included in a delegate list distributed at the event and shared with other attendees. If you would prefer not to be included on this list, you must contact us in advance at connect@ipfa.org, using ‘Object to delegate list’ as the subject line.

 

Registration for this event also signifies your agreement to abide by IPFA’s Code of Conduct, which can be found here, along with our full Disclaimer, Cancellation, Postponement and Privacy Policy.

 

All IPFA events are conducted under the Chatham House Rule.