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ARTICLE · 03 JUNE 2026

Three Financing Themes Emerging Across Energy And Data Centers

McDermott Will & Schulte
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During the 2026 ACORE Finance Forum, McDermott’s co-head of Energy & Project Finance, Ed Zaelke, moderated a panel on “Making Markets: Sources of Capital to Meet the Challenge” with Alain Halimi of Nomura...

United StatesFinance and Banking
Edward Zaelke
Edward Zaelke
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During the 2026 ACORE Finance Forum, McDermott’s co-head of Energy & Project Finance, Ed Zaelke, moderated a panel on “Making Markets: Sources of Capital to Meet the Challenge” with Alain Halimi of Nomura, Dwayne McNicholas of J.P. Morgan, and Ines de Almeida Serrao of CIBC. Over the course of the discussion, several themes emerged around how capital providers are approaching today’s energy and infrastructure markets.

A few key takeaways from the panel included:

  1. High-yield debt continues to expand beyond traditional use cases. Panelists noted the growing role of high-yield bonds in financing contracted data center projects and other infrastructure assets, reflecting continued investor appetite for scaled, cash flow-oriented opportunities.

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