Baker Hughes (BKR.O) chairman and CEO Lorenzo Simonelli said he has not seen
evidence that higher borrowing costs have slowed investment in large energy
projects. He said global AI infrastructure build-out is driving strong demand
for natural gas and power, supporting project economics. Simonelli added that
while financing remains a consideration, projects’ ability to secure funding
depends on existing offtake agreements and the energy-demand outlook; population
growth, industrial expansion and data-center growth continue to underpin related
investment.