The platform has 10 billion US Dollars worth resources for the development of data centers and energy infrastructures for AI
On 11 June, Thursday, Kuwait Investment Authority (KIA) with NYSE-listed firms KKR, Nvidia and Vistra annouced the launch of Helix Digital Infrastructure (HDI), a platform with 10 billion US Dollars resources to invest in key assets for enabling AI, including the development and operation of hyperscale data centres; the generation of baseload and flexible power; transmission and distribution infrastructure; and fibre-optic and connectivity infrastructure (press release).
Helix, which is open to further institutional investors, aims to develop data centres that have an integrated power supply infrastructure for shortening the development that hyperscalers require.
NVIDIA will also act as a strategic partner to support the deployment of infrastructure aligned with the NVIDIA DSX AI Factory, with the purpose of maximising tokens per watt, achieving the lowest total cost of ownership, and accelerating time to first token for Helix’s investments. Vistra will be the leading energy supplier for Helix’ investments.
Helix ceo and co-founder Adam Selipsky, the former head of Amazon Web Services, said: “Major users of digital infrastructure have an urgent need to reduce complexity and unlock new capabilities. Helix combines significant long-term capital with the expertise and experience required to deliver holistic AI infrastructure solutions with speed and scalability. The strategic partnerships with NVIDIA and Vistra in the technology and energy sectors further strengthen Helix and will enable the company to provide the infrastructure that will support hyperscalers’ AI strategies for years to come”. Waldemar Szlezak, KKR Global Head of Digital Infrastructure, is Helix Chief Investment Officer.
The sheikh Saoud Salem Abdulaziz Al-Sabah, KIA ceo, added: “We regard AI infrastructure as one of the key long-term investment opportunities globally, and we created Helix to capitalise on them. The platform embodies a distinctive model that combines proven leadership, integrated capabilities and the long-term capital to deliver the next generation of critical digital infrastructure at scale”.
Jensen Huang, the ceo and founder of NVIDIA, said: “Artificial intelligence is driving the largest infrastructure expansion in modern history. With the NVIDIA DSX platform and our strategic partnership with Helix, we are combining a proven AI factory model, KKR’s world-class expertise and long-term capital to help AI cloud providers building the next generation of intelligent infrastructure.”
Jim Burke, Vistra chairman and ceo, pointed out: “Power generation and grid interconnections are critical factors in the deployment of AI infrastructure. Helix brings together data centre development, infrastructure and power supply capabilities under one roof, offering a comprehensive service for energy-intensive customers. Vistra’s existing fleet will provide Helix with short-term power and allow to accelerate the delivery of energy solutions through the use of existing resources.”
“KKR’s institutional capital and infrastructure expertise and Helix’s leadership as hyperscaler and operational capabilities are two DNA double helix alike complementary forces. Together with our strategic partners, we are ready to meet the financial and operational needs of the AI era”, KKR co-ceos Joseph Bae and Scott Nuttall said.
In January 2026, KKR said it invested with Oakley Capital a further 1.5 billion US Dollars in the European data center provider Global Technical Realty (GTR), a firm active in the UK, Spain, Switzerland, Israel which is also interested in appraising the Italian market (press release). In February 2026 NYSE-listed private capital giant and Singtel Group acquired a controlling stake of Asian ST Telemedia Global Data Centres on the ground of an enterprise value of 10 billion US Dollars (press release). The KKR and Global Infrastructure Partners also delisted the REIT CyrusOne for a value of 15 billion US Dollars (press release).
The sector is also active in Italy. In May 2026, EdgeConnex MCN Italy, part of EQT Infrastructure portfolio company EdgeConneX, said it will invest 3 billion euros for developing three data centres in the Lombardy Region. The Italian Government said that such programme is of preeminent national strategic interest (see here a previous post by BeBeez).
SAVE THE DATE!
On 15 June, Monday, at 10 AM, the BeBeez Cafe panellists will discuss about Real Esteate, Hospitality and Infrastructure Assets Yields at Hotel Four Seasons Milan. Book your Place
