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Berkshire's Abel Sees Opportunity in Data-Center Energy Demand -- WSJ

Berkshire's Abel Sees Opportunity in Data-Center Energy Demand -- WSJ

Dow JonesDow Jones2026/09/02 11:55

By Rebecca Feng

Berkshire Hathaway CEO Greg Abel said he sees significant opportunities in providing power to America's power-hungry data centers.

"I've sort of always had a strong view that energy would be the constraint," he said in a CNBC interview, speaking about the data-center buildout across the U.S.

Last year, Berkshire Hathaway Energy, the conglomerate's wholly owned energy subsidiary with 13 million customers and end-users globally, counted about 8% of its electrical load from data centers, Abel said.

He added that the energy subsidiary is interested in serving AI hyperscalers, but only if there's no impact to the rates of its other customers.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

September 02, 2026 07:55 ET (11:55 GMT)

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