# SAVRN Index: CalPERS AI Infrastructure Profile Source: https://savrn.com/ai-index/companies/calpers Markdown alternate of the page above; the site index is https://savrn.com/llms.txt --- [SAVRN Index.](https://savrn.com/ai-index) Explore the IndexCompanies CalPERS' only confirmed dedicated data center vehicle in the fetched evidence is the $500 million TechCore fund with GI Partners, dating from when CalPERS managed approximately $235 billion. Its June 2026 investment committee materials disclose a private-infrastructure NAV of $24.4 billion, a pledge to invest $100 billion in climate solutions by 2030, and a $2.6 billion NAV increase in 2025 from climate-solutions deployment, citing demand for AI, data centers and associated power infrastructure, but name no data center assets. Named North American data center investments 2023 to 2026: n.a. Updated October 25, 2026Capital record from the Capital Atlas Named sites 0 Site commitments on record for CalPERS Disclosed site capital n.a. Named sites with a stated dollar figure. A floor, not a capex total Disclosed capacity n.a. Named sites with a stated megawatt figure Financing transactions 2 Transactions naming CalPERS or one of its sites Sources 5 Every cited page, listed below Market CalPERS is a pension or sovereign investor with no traded shares. Spending ## Reported and guided spending Audited, reported and guided figures as the filing or release states them. Reported lines are what was spent, and guidance is what management expects. They sit side by side and are never combined. | Period | Kind | Amount | As stated | Sources | | --- | --- | --- | --- | --- | | at TechCore commitment | aum | ~$235B | CalPERS managed approximately $235 billion when it invested in the $500 million TechCore fund with GI Partners | | | quarter ending March 31, 2026 | aum | $24.4B | private-infrastructure NAV of $24.4 billion disclosed in June 2026 investment committee materials | | | by 2030 | guidance | $100B | pledge to invest $100 billion in climate solutions by 2030; not a data-center-specific commitment | | | 2025 | reported | $2.6B | $2.6 billion NAV increase in 2025 from climate-solutions deployment, citing 'unprecedented demand for AI, data centers, and associated power infrastructure' | | Named sites ## Where CalPERS builds No named site commitment is on record for CalPERS as of October 25, 2026. That is normal for pension and sovereign wealth: the capital shows in the transactions below rather than on a site of its own. Financing ## Financing transactions Transactions that name CalPERS as a party or attach to one of its named sites. Amounts are as stated, and overlapping commitments are never summed. | Parties | Instrument | Amount | Date | Site | Sources | | --- | --- | --- | --- | --- | --- | | AES Corporation + Global Infrastructure Partners (BlackRock) + EQT Infrastructure + CalPERS + Qatar Investment AuthorityA consortium led by BlackRock's Global Infrastructure Partners and EQT, with CalPERS and the Qatar Investment Authority, received CFIUS clearance to acquire AES, parent of AES Ohio, with closing expected in late 2026 or early 2027 subject to remaining approvals. Ohio lawmakers and consumer advocates asked PUCO for local hearings, citing BlackRock's data center investments as a potential conflict given AES's data-center-driven load growth. | Take-private acquisition at $15 per share in cash | ~$10.7B | Agreed March 2026; PUCO staff recommended approval July 2026; CFIUS approval received Thursday 27 August 2026 and disclosed 28 August 2026 | n.a. | | | CalPERS + GI PartnersCalPERS' only confirmed dedicated data center vehicle in the fetched evidence is the $500 million TechCore fund with GI Partners. | platform | $500M | n.a. in source; described as when CalPERS managed approximately $235 billion | n.a. | | The record ## Sourced facts on CalPERS - CalPERS' only confirmed dedicated data center vehicle in the fetched evidence is the $500 million TechCore fund with GI Partners. - Named North American data center investments 2023 to 2026 are n.a. in the source; the June 2026 committee materials name no data center assets. Sources ## Sources for CalPERS Every source cited on this page, once each. - msn.com[Seeking Alpha via MSN](https://www.msn.com/en-us/money/economy/aes-corp-receives-cfius-approval-for-sale-to-consortium/ar-AA2b7AZG) - msn.com[The Plain Dealer via MSN](https://www.msn.com/en-us/money/companies/data-center-investors-want-to-buy-ohio-s-public-utilities/ar-AA2aaNso) - msn.com[The Cool Down via MSN](https://www.msn.com/en-us/news/other/ohio-lawmaker-seeks-hearings-on-107-billion-deal-to-take-aes-utility-private/ar-AA2aYcnv) - realassets.ipe.com[IPE Real Assets](https://realassets.ipe.com/calpers-invests-in-500m-data-centre-fund/45515.article) - calpers.ca.gov[CalPERS](https://www.calpers.ca.gov/documents/202606-invest-agenda-item06f-01-a/download?inline) Pension and sovereign wealth ## More in the Index [ADIA (Abu Dhabi Investment Authority)](https://savrn.com/ai-index/companies/adia)[CDPQ / La Caisse](https://savrn.com/ai-index/companies/cdpq-la-caisse)[CPP Investments (CPPIB)](https://savrn.com/ai-index/companies/cpp-investments)[GIC](https://savrn.com/ai-index/companies/gic)[Kuwait Investment Authority](https://savrn.com/ai-index/companies/kuwait-investment-authority)[MGX](https://savrn.com/ai-index/companies/mgx)[Mubadala](https://savrn.com/ai-index/companies/mubadala)[Ontario Teachers' Pension Plan (OTPP)](https://savrn.com/ai-index/companies/otpp)[PSP Investments](https://savrn.com/ai-index/companies/psp-investments)[Qatar Investment Authority](https://savrn.com/ai-index/companies/qatar-investment-authority)[Temasek](https://savrn.com/ai-index/companies/temasek) Capital figures come from the [Capital Atlas](https://savrn.com/data-center-capital-atlas), refreshed every Tuesday, Thursday and Saturday. Site commitments overlap reported capital expenditure and overlap one another, so each figure appears as its source states it and none are added into a single deployment number. Informational, not investment advice. Sources The SAVRN reference set ## Seven references, one system Capital, delay, policy, water, grid, permits and scarcity are one system seen from seven sides. Each reference is primary-sourced, refreshed on a schedule, and links into the others, so a project can be followed from the money committed to the docket that stopped it. Capital Atlas Who is funding AI data centers: capital providers, named sites, financing transactions, and the blocked-and-delayed record, state by state and company by company. [Open the atlas →](https://savrn.com/data-center-capital-atlas) Delay Watchlist Project-level slippage: named projects, jurisdictional actions, utility and federal dockets, SEC disclosures, and the interconnection queue. Open the watchlist → Moratorium Tracker The policy layer: every state measure and local moratorium mapped and cited, with one page per state. Open the tracker → Water Tracker Every federal, state, local and interstate water measure that touches a data center, plus a fifty-state water ledger. Open the water tracker → Grid Operator Watchlist ERCOT, PJM, MISO, CAISO, SPP, NYISO, ISO-NE and FERC: the large-load rules, filings and queue positions that decide whether a site can energize. Open the watchlist → Permits and Power Development Data center and substation permits, large loads in the interconnection queues, and the power plants planned to serve them, refreshed hourly from public records. Open the permits tracker → SAVRN Scarcity Tracker Eleven primary-sourced indicators of AI infrastructure scarcity, one composite index, read against the token index, SAVRN's own cost basis and the frontier ceiling. Open the scarcity tracker → Have a specific address? Site Intelligence reads all seven references against one location, county, utility and grid operator included, and cites every finding. [Check an address →](https://savrn.com/site-intelligence)