AI Data Center Tenants Seek More Than $5 Million a Day for Delays

Tenants negotiating new AI data center deals are asking developers for more than $5 million for each day a powered facility is late, up from a $1 million-a-day demand in a project Marsh covered this spring. The growing exposure is prompting brokers to design tailored insurance as lenders and bondholders seek more protection around the borrowing used to build AI infrastructure. The newer demands and earlier case are described in recent data center lease terms.