Prism sets sights on US expansion

A power infrastructure specialist is setting its sights on the United States as soaring data centre demand puts pressure on ageing energy systems.

Prism Power Group, headquartered in Watford, is planning a major U.S. expansion to support the rapid growth of data centre construction driven by artificial intelligence and cloud services. 

Founded in 2005, Prism specialises in smart electrical switchgear and critical power systems, delivering end-to-end mechanical and electrical infrastructure for modular data centre projects across the UK and Europe. 

The firm is now seeking to acquire a U.S. company with UL certification and is raising $40 million to fund the acquisition and further growth in the UK.

Adhum Carter Wolde-Lule, director at Prism Power Group, said: “The scale and urgency is such that America’s data centre expansion has become an international endeavour, and we’re again able to punch well above our weight in providing the niche expertise that’s missing and will augment strained local supply chains – on the ground, straight away.

“Major power manufacturers in the United States are ramping up production, while global giants have announced new stateside factories for transformers and switchgear components, aiming to cut lead times and ease the backlog – but those investments will take years to bear fruit and that is time the U.S. data centre market simply doesn’t have.”

Keith Hall, chief executive at Prism Power Group, added: “For overseas engineering companies like us with uniquely skilled contractors and technicians, plus a proven track-record in modular power systems that can be built off-site, the time is now and represents an exceptional opening into the world’s fastest-growing infrastructure market. 

“Equally, for the U.S. sector, the willingness to look globally for critical power systems excellence will prove vital in keeping their ambitious build-outs on schedule and preventing the data centre explosion from hitting a capacity wall.”    

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