Demonstrators marching in Fredericksburg, Virginia during a nationwide protest against data centers
REUTERS/Evelyn Hockstein

Wall Street Banks Now Count Your Angry Neighbors as a Credit Risk Before Funding a Data Center

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The way banks decide whether to fund a data center is changing, and it now includes something less predictable than permits or power lines: the mood of the people living nearby.

Banks used to check permits, zoning and power supply before funding a data center. Now they’re pricing in whether the people living next door will fight it, because a project that gets stalled by angry residents is a loan that might never pay off.

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