TLDR
- KKR, Nvidia, Vistra, and Kuwait Investment Authority launched Helix Digital Infrastructure with over $10 billion in capital
- Helix will act as a single coordination point for hyperscalers’ data centers, power, connectivity, and related needs
- Former AWS CEO Adam Selipsky will lead the company
- Nvidia will support AI factory infrastructure deployment; Vistra will be the preferred power provider
- Private equity investment in the utilities sector hit $64.59 billion in Q1 2026 alone
KKR, Nvidia, Vistra, and the Kuwait Investment Authority have launched a new company called Helix Digital Infrastructure, backed by more than $10 billion in capital commitments.
$KKR is launching Helix Digital Infrastructure, a new $10B data center group led by former AWS CEO Adam Selipsky, per FT.
The group will partner with Vistra, which has ~50GW of power capacity and serves 22M+ U.S. homes.
Nvidia and Kuwait Investment Authority are also investing,… pic.twitter.com/XMKBsldrhT
— Wall St Engine (@wallstengine) June 11, 2026
The company is designed to be a one-stop shop for AI hyperscalers like Anthropic, Google, and Meta, covering data centers, power, connectivity, and related infrastructure needs.
Helix will be led by Adam Selipsky, the former chief executive of Amazon Web Services. KKR’s global head of digital infrastructure, Waldemar Szlezak, will serve as chief investment officer.
“Large users of digital infrastructure have an urgent need to reduce complexity and unlock new capacity,” Selipsky said in a statement Thursday.
What Each Partner Brings
Nvidia will support the deployment of its DSX AI factory-aligned infrastructure. The goal is to maximize tokens per watt, meaning more AI output for less energy used.
Vistra, an energy company, will serve as the preferred power provider for Helix investments. Access to reliable power has become one of the biggest challenges for AI data center operators.
Kuwait Investment Authority is providing long-duration capital as a founding institutional investor. Helix is open to additional eligible institutional investors after founding commitments close.
KKR shares were up 1.05% at $96.02 in pre-market trading Thursday. Nvidia was up 0.84% to $202.11, and Vistra rose 2.06% to $141.39.
A Growing Trend in Private Equity
This is not the first deal of its kind. Last year, Blackstone and PPL Corp. formed a joint venture to build gas-fired generation stations for data centers, with Blackstone funds investing over $25 billion into Pennsylvania’s digital and energy infrastructure.
KKR itself formed a $50 billion strategic partnership with Energy Capital Partners back in 2024 to develop data center, power, and transmission infrastructure for AI and cloud computing.
The trend is reflected in the broader numbers. Global private equity and venture capital investments in the utilities sector rose more than 50% year-over-year to $69.52 billion in 2025, according to S&P Global Market Intelligence.
Investment has continued to accelerate in 2026. Spending in just the first quarter of this year reached $64.59 billion, nearly matching all of 2025’s total, S&P Global Market Intelligence reported.
Nvidia CEO Jensen Huang described AI as “driving the largest infrastructure buildout in modern history.”
Helix aims to invest in and manage hyperscale data center development, power generation, and fiber and connectivity infrastructure as demand for AI computing continues to grow.
The company’s founding commitments are now closed, with the door open to further institutional investment.
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