Building America’s Infrastructure: Private Equity Fuels New Home and Commercial Construction, Data Centers, & Energy Equipment

Today, the American Investment Council (AIC) and Pitchbook released a new report highlighting how private equity investments in critical infrastructure nationwide are improving Americans’ daily lives. The report details the industry’s impact across major sectors of American infrastructure—ranging from construction and engineering to data centers, telecommunications, and energy production. These investments are delivering big benefits, including increasing housing availability, boosting energy efficiency, and creating new job opportunities.

“Investing in robust infrastructure is essential for the growth of our economy, and private equity is playing a pivotal role by providing the capital and expertise needed to strengthen infrastructure across communities nationwide,” said Drew Maloney, President & CEO of the American Investment Council. “From addressing housing supply shortages to investing in affordable energy infrastructure, the challenges we face today require significant investment. Private equity stands ready to meet these demands with the necessary capital and expertise.” 

The report features case studies showcasing real-world examples of how private equity and private credit investments support the companies that are improving infrastructure in local communities across the country. 

Key highlights include: 

  • Construction & Engineering: In 2024, private equity firms closed 140 construction and engineering deals for an aggregate value of $7.7 billion. The demand for more housing supply serves as a major driver for the industry to continue investing in building products and construction firms for the long-term. Recently, several PE firms acquired technical service provider Loenbro, which provides builders with large-scale services from installation and inspections to infrastructure maintenance.  
  • Telecommunications & Networking: As demand for datacenters surges in an era of AI-driven digital transformation, private equity investments are shoring up existing telecom assets that require longer-term capital for refurbishments resulting in faster throughput, higher load capacity, and streamlined logistics. A recent $8 billion financing package for global datacenter REIT CyrusOne is fueling the openings of new centers in Illinois, Ohio, and Texas. 
  • Energy: In 2024, private equity investment increased both the amount and value of energy equipment deals in oil & natural gas, alternative energy, and other subsectors. This investment in different types of energy production is critical for generating the power required to advance artificial intelligence technologies, which is much-needed for maintaining the United States’ leadership in this industry. 

To learn more, read the full report here