Baker Hughes has yet to see higher borrowing costs slow investment in major energy projects, with its chief executive pointing to robust demand for natural gas and power from the global buildout of artificial intelligence infrastructure. "We haven't seen a slowdown, and the bankability is really based on the offtake agreements that are in place, as well as the outlook of energy demand," Chairman and CEO Lorenzo Simonelli told CNBC at the Gastech conference in Bangkok. Financing remains an important consideration for projects, Simonelli said, but rising energy needs from population growth, industry and data centers continue to underpin investment.
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