{
  "id": 7982683,
  "title": "EQT targets $50bn India investment programme with data centres in focus",
  "url": "https://urgent.news/2026/09/17/eqt-targets-50bn-india-investment-programme-with-data-centres-in-focus",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T08:04:48.000Z",
  "source": {
    "name": "Private Equity Wire",
    "slug": "private-equity-wire",
    "url": "https://www.privateequitywire.co.uk/eqt-targets-50bn-india-investment-programme-with-data-centres-in-focus/"
  },
  "original_language": "en",
  "account": "EQT, a private markets group, is planning to invest up to $50 billion in India by 2030, focusing on data centers, renewable energy, and private equity, according to a Bloomberg report. The report cites Jean Salata, chair of EQT, revealing that approximately $30 billion of the planned spending will be allocated to data-center infrastructure. A further $5 billion will be earmarked for renewable energy projects and related facilities needed to power these centers. A significant portion of the data-center strategy will be pursued through EdgeConneX, EQT's portfolio company, which already has a partnership with Adani Enterprises. EdgeConneX and Adani Enterprises have a 50-50 joint venture called AdaniConnex, which is focused on developing data-center infrastructure in India. This strategy provides EQT exposure to the growing demand for computing capacity driven by AI, while linking its data-center investments with the expansion of renewable power and energy storage. Salata mentioned that India accounts for less than 5% of EQT's global infrastructure investments, leaving substantial room for the firm to increase its exposure. Earlier this year, the Adani Group announced plans to invest $100 billion by 2035 in green-powered, AI-ready data centers, underscoring the scale of infrastructure development EQT is targeting through AdaniConnex. In addition to infrastructure investments, EQT plans to invest between $15 billion and $20 billion in Indian venture capital and buyout private equity by 2030. Since entering the market in 1998, EQT has invested $26 billion in India across 30 investments, with around $7 billion invested since 2023. EQT's Indian private equity portfolio includes healthcare business Indira IVF Hospital, financial services company Credila Financial Services, and several IT services businesses.",
  "summary": "TOP STORY: EQT is planning to deploy up to $50bn in India by 2030, with the private markets group targeting data centres, renewable energy and private equity as it seeks to expand its presence in one of Asia’s fastest-growing investment markets, according to a report by Bloomberg.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Applied Materials plans $5 billion India investment over decade",
        "url": "https://urgent.news/2026/09/17/applied-materials-plans-5-billion-india-investment-over-decade",
        "published": "2026-09-17T08:27:24.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}