S&P Global Market Intelligence recently released its 2026 US Datacenter and Energy Report, which summarizes the forces that may shape data center and power generation development in the coming year…
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/ Energy & Utilities, Real Estate - Commercial, Science, Computers, & Technology
Our prior blog post discussed an issue faced by investors who use the tokutei mokuteki kaisha (TMK) as the vehicle to own a data center in Japan. The primary issue the post explored was whether a TMK is required to entrust…
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/ Business Organizations, Real Estate - Commercial, Science, Computers, & Technology, Securities Law
Cloud computing has been sold as elastic, on-demand access to virtually unlimited resources. However, the rapid growth of data-intensive and artificial intelligence–driven workloads has strained the availability of certain types…
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/ Commercial Law & Contracts, Science, Computers, & Technology
The continued expansion of data centers—driven by cloud adoption, artificial intelligence (AI), and high-performance computing—is reshaping how investors evaluate infrastructure risk and opportunity. Among the most critical, and…
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/ Commercial Law & Contracts, Energy & Utilities, Environmental Law, Mergers & Acquisitions, Science, Computers, & Technology
Explosive growth in cloud computing, AI workloads, edge deployments, and enterprise digitization continues to drive unprecedented demand for capacity, leading the data center sector to become one of the most closely watched…
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/ Energy & Utilities, Mergers & Acquisitions, Real Estate - Commercial, Science, Computers, & Technology, Zoning, Planning & Land Use
California lawmakers have recently focused renewed attention on the rapid growth of data centers, driven in large part by cloud computing and artificial intelligence capacity demands…
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/ Energy & Utilities, Environmental Law, Real Estate - Commercial, Science, Computers, & Technology, Zoning, Planning & Land Use
The Federal Energy Regulatory Commission (FERC) issued its long-awaited order on December 18, 2025 (the Order), directing PJM Interconnection, LLC to reform its Open Access Transmission Tariff (Tariff) rules for generators…
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/ Administrative Law, Energy & Utilities, Science, Computers, & Technology
Ayman Khaleq, a partner at Morgan Lewis, is widely recognized as one of the leading advisors on cross-border investments, digital infrastructure transactions, and securities technology–industry regulatory frameworks in the…
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/ Energy & Utilities, International Law & Trade, Science, Computers, & Technology
Professional investors eyeing data center opportunities may want to consider adaptive reuse of vacant real estate assets. A recent Chicago transaction demonstrates how power provisioning and strategic repositioning can unlock…
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/ Energy & Utilities, Real Estate - Commercial, Science, Computers, & Technology, Zoning, Planning & Land Use
The proliferation of artificial intelligence (AI) data centers and other high-demand facilities is imposing significant new energy and infrastructure demands on the electric grid. This rapid pace of development is testing the…
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/ Administrative Law, Energy & Utilities, Science, Computers, & Technology
While data center leases need to include most of the standard provisions of typical warehouse or manufacturing facilities’ leases, special attention should be given to their unique operational needs and special investments for…
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/ Commercial Law & Contracts, Energy & Utilities, Privacy, Real Estate - Commercial
In a major move to bolster US digital infrastructure, the White House issued an executive order on July 23, 2025 aimed at accelerating the federal permitting process for data centers and related infrastructure. The order is part…
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/ Energy & Utilities, Environmental Law, Science, Computers, & Technology
The US administration released its Artificial Intelligence (AI) Action Plan (Plan) on July 23, 2025. This Plan seeks to encourage innovation in AI along with an aggressive buildout of AI data centers, as well as the energy…
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/ Energy & Utilities, Environmental Law, Science, Computers, & Technology
As we have previously written, the rise in data center development has significantly increased predicted electricity demand. As a reliable, carbon-free source of base load power with an average capacity factor of 93% in the…
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/ Energy & Utilities, Science, Computers, & Technology
Buoyed by robust demand for large parcels of undeveloped land, the rise of artificial intelligence workloads, and the game-changing role that hyperscalers are playing, the real estate market for data centers is in a strong…
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/ Environmental Law, Mergers & Acquisitions, Real Estate - Commercial, Science, Computers, & Technology, Zoning, Planning & Land Use