Money Pours Into Funds Targeting Solar, Data Centers

By Ben Dummett and Laura Cooper

Aug. 16, 2022 5:30 am ET

Investment companies such as KKR & Co. and Brookfield Asset Management are raising money at a record clip to invest in power plants, telecom towers, and data centers—businesses that can thrive even as inflation runs rampant.

Infrastructure funds have raised about $130 billion this year, already outpacing the record of $125 billion set last year, according to Preqin, a data provider. Contributing to that total were a $17 billion fund raised by KKR, a $15 billion equivalent from Brookfield and a $14 billion fund from Stonepeak Partners LP.

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