DAMAC CEO: Still Finalizing Financing for US Data Center Deal

The transcript discusses plans to build data centers in the US, focusing on funding, partnerships, and construction. The company aims to invest $20 billion, primarily through bank loans and equity. They seek partners in construction, land, and power sectors. The UAE government is not involved, and the focus is on commercial plans. The company has global investments and is now targeting the US due to favorable government policies. They plan to lease data centers to major tech companies and are in advanced negotiations with potential customers.

What is the total investment amount planned for the data centers?

• $20 billion

• $15 billion

• $25 billion

• $10 billion

What percentage of the funding is expected to come from equity?

• 10-20%

• 20-30%

• 30-40%

• 40-50%

Which states are mentioned as targets for investment?

• Nevada and Arizona

• Florida and Georgia

• Michigan and Illinois

• California and New York

Is the UAE government providing backing for the project?

• Yes, they are fully backing it

• No, there is no government backing

• Only partial backing

• Backing is still under discussion

What has changed in the US that encouraged further investment?

• New tax incentives

• A more friendly government

• Increased demand for data centers

• Lower construction costs

What is the company's model for building data centers?

• Build and sell

• Lease to hyperscalers

• Operate and manage

• Outsource completely

Which notable figure has the company already invested with?

• Elon Musk

• Jeff Bezos

• Mark Zuckerberg

• Bill Gates