BlackRock ties up $14 billion in AI data center ownership deal with Meta

M&A · PartnershipProduct / Tech Impact 4
โดย Simply Wall St·US·Read original
Summary · why it matters

BlackRock agreed a major infrastructure partnership with Meta to co-own a roughly US$14 billion AI-focused data center campus in El Paso. Funds managed by BlackRock will hold 80% of the campus, which is planned to deliver 1 gigawatt of compute capacity, with US$12.5 billion of debt helping fund the build. Meta contributes about US$2.3 billion of land and construction in progress and will be the initial sole tenant, while BlackRock puts in about US$4.9 billion of cash. The transaction is expected to close in the coming days and the venture targets bringing capacity online in 2028. The deal marks a shift for BlackRock from financing digital infrastructure to co-owning it at scale alongside a major technology company.

Impact on stocks 2

Digital Finance & Tokenization▲ · 1 stocks
BlackRock Inc
BLK
▲ PositiveCapitalrelevance

BlackRock co-owns $14B AI data center with Meta, investing $4.9B cash for 80% stake.

Artificial Intelligence▲ · 1 stocks
Meta Platforms Inc.
META
▲ PositiveDemandrelevance

Meta secures 1GW AI data center capacity as initial sole tenant, supporting its AI infrastructure needs.

Theme Impact 4

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