Fuse Energy's Alan Chang tells his team to get ready to buy distressed data centres at a discount

Quote-posting Elon Musk's warning that debt markets have shut for most neoclouds, Fuse Energy CEO Alan Chang wrote 'Elon is right' and shared the note he sent his team: 'we must be ready for this opportunity'. His conditions: Fuse's energy business must be 'printing money', it must have a big balance sheet, and it must be 'masters of building and operating data centres'. If all three hold, he wrote, Fuse 'will have big opportunity to buy many distressed data centers assets at discount'. The UK energy supplier recently announced plans for its own UK data centres offering Nvidia GPUs.