New York Halts Large Data Center Construction Amid Power Infrastructure Concerns

New York has imposed a one-year moratorium on permits for large-scale data center construction consuming over 50 megawatts, addressing concerns about energy strain and environmental impact. This move aligns with warnings from BlackRock CEO Larry Fink regarding the U.S.'s inadequate power grid investment to support AI infrastructure growth.

By Rishabh Mishra Sat, July 18, 2026 at 5:30 PM GMT+3 6 min read · Yahoo Finance · July 18, 2026, 14:30 UTC

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Topics: AI infrastructure data centers energy policy utility stocks

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