What Does Prologis (PLD) Risk From Texas Data Center Power Limits?

Prologis (NYSE:PLD) and Skybox Datacenters face uncertainty on their Hutto, Texas build after statewide limits on new data center grid hookups. The partnership now depends on how Texas regulators apply the current restrictions to large power users tied to the Hutto project. Local officials in Hutto are seeking clarity on whether existing infrastructure plans for the Prologis and Skybox site can still proceed as designed. The Prologis and Skybox Datacenters Hutto project now sits inside a...