I Squared Capital has closed its second infrastructure credit fund after raising $3 billion, marking a significant milestone in the firm’s strategy. The fund is specifically designed to finance the global buildout of power and data centers, addressing the critical infrastructure needs of the modern economy. Sadek Wahba, founder and managing partner at I Squared Capital, discussed the fund’s objectives and the broader market context in an appearance on Bloomberg Deals.
The capital raised for this initiative signals surging investor demand for projects supporting artificial intelligence infrastructure. Wahba emphasized that the capital is intended to support major projects beyond just data centers, highlighting a broader scope for investment. The closing of the fund comes at a time when the demand for power and data center capacity is accelerating rapidly across the globe.
This substantial capital injection will likely accelerate the development of new power and data center facilities needed to support AI workloads. Investors and project developers should pay close attention to how this capital is deployed, as it sets a benchmark for future infrastructure financing. The influx of funds confirms that the market is prioritizing the physical infrastructure required to sustain the next generation of computing.
