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Akamai

company 1 Deal 1 Partner

Akamai Technologies is a global leader in content delivery network (CDN) services, cybersecurity, and cloud computing. Its core business involves operating a vast distributed network of servers to deliver web content and applications, protect against cyber threats, and provide edge computing solutions. In the infrastructure context, Akamai is a significant consumer and operator of digital infrastructure, including data centers, and an off-taker of energy, increasingly focusing on renewable sources for its global operations.

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Founded 1998 9,000 employees
Technology CompanyOfftakerOperator

Strategic Overview

  • Akamai has a strong commitment to sustainability, aiming for 100% renewable energy for its global operations, which it achieved in 2021 and continues to maintain through new PPAs.
  • The company's strategy involves expanding its global edge network and cloud computing capabilities, requiring continuous investment in digital infrastructure and associated energy resources.
  • Akamai's infrastructure strategy is focused on optimizing performance, security, and reliability for its customers, while also minimizing environmental impact through efficient data center design and renewable energy procurement.

Deal Activity from Public Sources

Akamai announces new virtual power purchase agreement (VPPA) with a subsidiary of NextEra Energy Resources for a 100 MW solar project.
Ppa Solar PV United States October 2023 100 MW with NextEra Energy Resources
Akamai announces new virtual power purchase agreement (VPPA) with a subsidiary of Enel Green Power for a 70 MW portion of the Azure Sky Wind project.
Ppa Onshore Wind United States December 2022 70 MW with Enel Green Power

Investment Focus

Technologies
Data Center1

Key People

Tom Leighton
Chief Executive Officer
Ed McGowan
Chief Financial Officer
Mani Sundaram
Executive Vice President & Chief Information Officer
Robert Blumofe
Executive Vice President & Chief Technology Officer

Track Record

26
Years Active
Notable projects: Global Content Delivery Network (CDN) infrastructure, Edge computing platform development, Global cybersecurity network

Detailed Analysis

Sectors
Digital/TelecomEnergy Transition
Technologies
Data CenterSolar PVOnshore Wind
Geographies
United States (2 deals)North AmericaWestern EuropeAsia PacificLatin AmericaMiddle EastAfricaUKGermanyFrance
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