Power has now moved more firmly inside the datacentre investment case and capital structure. But secured power can describe anything from an early-stage grid reservation to fully deliverable capacity. As investors pay premiums for powered pipelines, utilities enter development partnerships and energy solutions provide new routes to energisation, the market now needs to determine where genuine value is created, and where material delivery risk remains. This session will explore:

• What distinguishes reserved capacity and milestone-backed grid rights from a genuinely bankable energisation plan?
• How should power rights and connection capex be reflected in valuations?
• Should elements of the energy supply chain sit within the datacentre capital stack or as a separate project financing?
• How are delays and project-on-project risks allocated?
• Can bridge-to-grid and hybrid power solutions support long term infrastructure debt and exit value?
• How will changing grid connection rules and energy performance standards affect risk-adjusted returns across European markets?