What Are We Actually Underwriting? From Individual Assets to Interconnected Systems

The discussion will address:

• Where value and economic scarcity sit across power, data centres, compute and connectivity
• Whether investors should underwrite individual assets, integrated platforms or infrastructure corridors
• Which interdependencies create the greatest risk to utilisation, revenue and returns
• How risk should be allocated when critical dependencies sit outside an asset owner's control
• Whether vertical integration reduces risk or simply concentrates more risks on one balance sheet
• What contractual or structural protections investors need across power, networks, customers and technology