Data Center Builders Are Racing to Offload Stakes Worth Billions

Data-center builders and operators across the U.S. are working with bankers to sell majority equity stakes worth tens of billions of dollars.

Sales include stakes in firms such as Netrality Data Centers, DataBank, Edged, and EdgeCore Digital Infrastructure.

The sale of a majority stake in Dallas-based DataBank could reach as much as $25 billion.

EdgeCore Digital Infrastructure, a Denver-based data-center developer, asked potential buyers to submit offers.

Shortages of electricians, plumbers, gas turbines, and memory chips have driven up data-center construction costs.