Executive Order Pushes for Quicker Data Center Construction

A new White House directive aims to accelerate federal permitting and unlock financial incentives for large-scale data center builds, along with related energy and manufacturing projects. The move comes as data center builds surge nationwide, even as contractors contend with issues around power and total project costs. Projects must cost at least $500 million or use more than 100 megawatts of electricity in order to qualify for the expedited process. Read on to learn more: Link.

Newbanks has been a leader in construction consulting services for the nation’s primary lending institutions for over 60 years. We offer comprehensive due diligence, construction-related, and specialty services for our clients in a transparent, easy-to-understand format. If you have any questions at any point, we’re always a phone call away. Our consultants are employees, not subcontractors; they communicate directly with you. We have regional offices in Atlanta, Birmingham, Boston, Dallas, New York, Orlando, Raleigh and Washington and field offices across the United States. Contact us today at 1-833-201-4774 or visit our website at newbanksinc.com to learn more.