欧洲投资策略-绿色数据中心：超越零净值

SIGNATURE #climatechange #transatlanticEquity Research 7 September 2021Sustainable & Thematic Investing Green Data Centers: Beyond Net Zero Green data centers are set to rise in strategic value as governments and companies look to invest further in digital infrastructure. We believe the industry goal should extend beyond net zero as broader environmental challenges are addressed, creating multiple investment opportunities across the data center value chain. Hiral PatelLaia Marin i Sola+44 (0)20 3134 1618+ 44 (0)20 3134 2531hiral.patel@barclays.comlaia.marin@barclays.com Barclays, UKBarclays, UK Anushka Challawala Katherine Ogundiya +44 (0)20 3134 2326+44 (0)20 3134 1391 anushka.challawala@barclays.com katherine.a.ogundiya@barclays.com Barclays, UKBarclays, UK For the full list of authors, see page 2.Barclays Capital Inc. and/or one of its affiliates does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision. This research report has been prepared in whole or in part by equity research analysts based outside the US who are not registered/qualified as research analysts with FINRA. Please see analyst certifications and important disclosures beginning on page 101.Barclays | Sustainable & Thematic Investing 7 September 2021 2 Sustainable & Thematic Investing Sustainable & Thematic Investing Sustainable & Thematic Investing Sustainable & Thematic Investing Hiral Patel +44 (0)20 3134 1618 hiral.patel@barclays.com Barclays, UK Anushka Challawala +44 (0)20 3134 2326 anushka.challawala@barclays.com Barclays, UK Katherine Ogundiya +44 (0)20 3134 1391 katherine.a.ogundiya@barclays.com Barclays, UK Sustainable & Thematic Investing Laia Marin i Sola +44 (0)20 3134 2531 laia.marin@barclays.com Barclays, UK Contributing Authors U.S. Communications Infrastructure Tim Long +1 212 526 4043 tim.long@barclays.com BCI, US U.S. Communications Infrastructure Brendan Lynch, CFA +1 212 526 9428 brendan.lynch@barclays.com BCI, US European Technology Hardware Keagan Bryce-Borthwick +44 (0)20 7773 5156 keagan.bryce-borthwick@barclays.com Barclays, UK US Semiconductors Blayne Curtis +1 617 342 4101 blayne.curtis@barclays.com BCI, US US Semiconductors Tom O’Malley +1 212 526 0692 thomas.omalley@barclays.com BCI, US U.S. Software Saket Kalia, CFA +1 212 526 8465 saket.kalia@barclays.com BCI, US U.S. Software Raimo Lenschow, CFA +1 212 526 2712 raimo.lenschow@barclays.com BCI, US U.S. Software Pree Gadey +1 212 526 3156 pree.gadey@barclays.com BCI, US U.S. Internet Ross Sandler +1 415 263 4470 ross.sandler@barclays.com BCI, US European Capital Goods Shane McKenna +44 (0) 207 773 2365 shane.McKenna@barclays.com Barclays, UK European Capital Goods Tanuj Agrawal +44 (0) 203 134 6209 tanuj.x.agrawal@ba