Grab a Seat: US Data Center Construction - Risks & Opportunities

Research evidence excerpt

Grab a Seat: US Data Center Construction - Risks & Opportunities

EUROPE | Infrastructure EquityMayResearch22, 2026

Grab a Seat: US Data Center Construction -

Risks & Opportunities

Join us for a discussion with Amanda Gillespie, former Area Director of .

Construction at Meta, on US data center construction, where demand

continues to exceed supply in the US, driving strong earnings momentum

for general contractors. In our conversation, we will focus on the

contractor-hyperscaler relationship, the balance of risk between parties, and

opportunities for further growth in an environment constrained by labour

and equipment supply. Register Here.

REGISTER HERE

Thursday, 4 June 2026

3:00 PM UKT / 4:00 PM CEST / 10:00 AM EDT

Hosted by Graham Hunt (Infrastructure, Europe)

Discussion Topics

Demand for data center contracting and current market outlook.•

Contracting fees for DC projects, typical timelines, and key risks.•

Key contractual requirements and considerations.•

Client relationships with hyperscalers and development strategies.•

Barriers to entry and competitive dynamics.•

Growth opportunities (e.g. modularization) with constrained labour and equipment•

supply.

Background

In our conversation with Amanda Gillespie, we will examine the outlook for the US Data Center

contracting market, focusing on the growing demand for capacity from hyperscalers, their

relationship with contractors, as well as key contract terms, and how priorities have developed

through recent innovation cycles. We will also examine the principal bottlenecks constraining

faster rollout, particularly around labour availability in the current market.

Relevant stocks: ACS, Hochtief, Skanska, Balfour Beatty, Vinci, Eiffage, PORR, ABB, Schneider,

Legrand, Siemens.

Investors: For institutional investors only.