Access Capital Partners flags water as underpriced bottleneck for European data center growth
QQQ•Water risk and tighter permitting
Water risk was framed as underpriced: about 45% of facilities could face high water stress exposure by the 2050s.
Local permitting is tightening around energy efficiency, renewable sourcing, cooling performance, lifting stranded-asset risk for legacy sites.
Power and water seen as key constraints
Access Capital Partners flagged power and water constraints as the key gating factors for Europe’s next data center buildout.
Electricity demand from European data centers is projected to rise to 236 TWh by 2035 from 96 TWh in 2024.
Grid connection queues are lengthening in core hubs, raising development timelines, capex risk, operating costs, tenant delivery risk.
