Blackstone to Invest $25B in Pennsylvania Data Centers and [...]


Blackstone to Invest $25B in Pennsylvania Data Centers and Energy Infra


Blackstone to Invest $25B in Pennsylvania Data Centers and Energy Infra

📅 - Investment giant Blackstone has announced a major commitment to the future of Pennsylvania's digital infrastructure, with more than $25 billion earmarked to develop data centers and expand the region's energy capabilities. The funds, managed through Blackstone Infrastructure and Blackstone Real Estate, are aimed at catalyzing an additional $60 billion in follow-on investment, further positioning the Commonwealth as a critical node in the growing U.S. digital economy.

The investment will be led in part by QTS Realty Trust, Blackstone's data center platform and the world's largest independent data center operator. QTS has already acquired land parcels across northeastern Pennsylvania with [...][... Check source for end of article ...]
Tags: Data Center

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