MFC launches fund to tap electrification growth

Bangkok Post · Nuntawun Polkuamdee · 2026-10-27 21:28 UTC

Rising demand for electricity, fuelled by investments in artificial intelligence (AI) and data centres, is creating investment opportunities across the global electrification value chain as countries accelerate their digital transformation and industrial development, according to MFC Asset Management.

Rising demand for electricity, fuelled by investments in artificial intelligence (AI) and data centres, is creating investment opportunities across the global electrification value chain as countries accelerate their digital transformation and industrial development, according to MFC Asset Management.

Thanachote Rungsitivat, president of MFC Asset Management, said US electricity demand was entering a new growth phase, with drivers including the expansion of data centres and AI, the growth of electric vehicles (EVs), and a shift towards electricity use across various sectors.

MFC projects US demand to increase by 55% between 2020 and 2040, with the country facing a power supply gap of around 40 gigawatts by 2030.

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