KKR’s new Helix Digital Infrastructure will pour $10 billion into a data‑centre network led by former Amazon cloud chief Adam Selipsky. The plan tackles the power shortage that throttles big‑tech AI projects.

Helix will partner with Texas power producer Vistra, a 50 GW utility that powers 22 million U.S. homes, and bring in Nvidia and the Kuwait Investment Authority as investors. The partnership guarantees access to scarce gas turbines and other critical equipment.

By bundling power and facility construction, Helix differs from traditional operators. KKR’s own balance sheet and its stake in CyrusOne give it a one‑stop solution for tech firms needing ready‑to‑run sites. The move follows a similar $50 billion venture with Energy Capital Partners that faltered after a sale of Calpine.

The initiative signals private‑equity appetite for infrastructure that meets AI’s energy demands. Investors will see a new model that integrates supply and demand, potentially raising returns for both data‑centre and utility partners.