Aussie pension fund Aware Super invests in US-based warehouse portfolio: Australian pension fund Aware Super has partnered up with property investor Goodman Group to acquire a 49% stake in an industrial property portfolio that includes Amazon warehouses, Bloomberg reports. The investment comprises a USD 1.3 bn portfolio of building area, spanning three Los Angeles properties of roughly 2.8 mn square feet.

PG&E to invest in grid upgrades to prep for data centers’ electricity surge: US natural gas and electric services firm Pacific Gas and Electric Company (PG&E) plans to invest USD 73 bn in grid upgrades by 2030 to prepare for the surge in electricity load from the even-expanding data centers, Reuters reports. The firm is also planning on delivering 10 GW of electricity to data centers over the next decade.

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