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Five Point Infrastructure Announces the Formation of PowerBridge With a $1 Billion Equity Commitment, to Develop and Build Gigawatt-Scale Powered Data Center Campuses in North America
Five Point Infrastructure LLC (formerly known as Five Point Energy, “Five Point”) today announced the formation and funding of PowerBridge LLC (“PowerBridge” or the “Company”), with an equity commitment of up to $1 billion. PowerBridge is focused on developing, building, and managing gigawatt-scale data center campuses, associated power infrastructure and fiber network connectivity throughout North America.