Macquarie CEO Sees Deglobalization Spurring Infrastructure Bets

(Bloomberg) – Macquarie Group Ltd. According to the President, a return of globalization creates new opportunities for infrastructure investment.

“Wicramanayake, Chairman of the Macquarie Executive Officer, said at the Bloomberg Hilantropies Global Forum on Wednesday. “This creates a real opportunity for infrastructure investors like us.”

In particular, Russia’s invasion of Ukraine, the event in the United Nations General Assembly meeting in New York, said it forced European countries to secure energy supplies. In the meantime, the energy demand exploded in Asia, he added.

Brookfield Asset Management Ltd. In the panel, CEO said that insatiable demand for artificial intelligence was another blessing for the asset class.

“The big obstacle is not a model, it’s not a model, it’s power and data centers,” CEO Bruce Flatt said. “What we’re talking about is five to 10 trillion dollars.

Similar concerns about the use of rapidly growing force worldwide motivate the world’s largest technology players.

Google parent Alphabet Inc. Technology companies, including, want to get a share in the future of nuclear energy and improve the transmission network.

“The US has been inadequate for a while, so we need to catch up,” said Ruth Porrat, Chairman of the Alphabet and chief investment manager at the forum of Wednesday.

The company’s strategy indicates both an agreement for a small-scale nuclear reactors fleet from Kairos Power, as well as the Commonwealth Fusion Systems’ shift to the new generation of low emission energy to feed the data centers of the company from the first commercial nuclear fusion facility.

Michael Bloomberg is the majority of Bloomberg LP, the main company of Bloomberg News and the founder of Bloomberg Philanthropies.

-Help from Davey Alba.

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