Malaysian billionaire Francis Yeoh bets $10.5 billion on gas power for the AI data center rush

Billionaires Africa | 23.09.2026 01:30
Malaysian billionaire Francis Yeoh's YTL Power International is developing more than 5.2 gigawatts of gas-fired power plants across Southeast Asia, a buildout analysts estimate will cost more than $10.5 billion, as artificial intelligence data centers push the region's electricity demand to records.