Why Blackstone is going deep into data centers with $7B deal

Dec 8, 2023 · The two companies will seek to develop four data-center campuses located in Frankfurt, Paris and Northern Virginia, with an estimated cost of about $7 billion spread over …

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Why Blackstone Is Going Deep Into Data Centers With $7B Deal

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Dec 8, 2023 · The two companies will seek to develop four data-center campuses located in Frankfurt, Paris and Northern Virginia, with an estimated cost of about $7 billion spread over …

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Blackstone Strikes Venture To Develop $7 Billion Of Data Centers

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Dec 7, 2023 · Blackstone Inc. is expanding its bet on data centers through a new venture with Digital Realty Trust Inc. The two companies will seek to develop four data-center campuses …

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PowerHouse Data Centers On LinkedIn: Two Private Equity Firms …

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This partnership aims to deploy up to $5 billion in capital, with the first data center planned for 2025-2026 at Chirisa's 350-acre campus near Richmond, Virginia. ... Two private equity firms ...

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Private Equity Totally Dominated 2022 Data Center M&A Deals, …

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Jan 30, 2023 · Since 2018 the average deal size has almost tripled, growing from $80 million to $235 million. Apart from the rapid rise in overall data center M&A activity, the most notable …

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The Top 10 PE Investors In Data Centers - PitchBook

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Aug 30, 2022 · Since the beginning of this year, the PE industry has completed 92 transactions in the sector totaling $41.5 billion, continuing a strong dealmaking pace set in 2020 and 2021, …

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Private-equity Owners Of Diligent Explore $7-billion Sale Of …

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2 days ago · The private-equity owners of Diligent are weighing strategic options, including a sale, that could value the corporate-governance software maker at nearly $7 billion including debt, …

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Elliot Pline On LinkedIn: Two Private Equity Firms Seek To Pump $7 ...

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This partnership aims to deploy up to $5 billion in capital, with the first data center planned for 2025-2026 at Chirisa's 350-acre campus near Richmond, Virginia.

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Commentary: Solving Data Centers’ Appetite For Energy Through …

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6 days ago · And in September, BlackRock and Microsoft announced a partnership to mobilize up to $100 billion in private equity capital and debt financing to invest in data centers and the …

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FAQs about Why Blackstone is going deep into data centers with $7B deal Coupon?

Do private equity investors want to invest in the data center industry?

Private equity investors have developed a robust appetite for the data center industry in the past several years, chasing opportunities arising from the explosive growth in data use. ...

Why did private equity investors dominate data center Megadeals in 2022?

Private equity investors dominated the deal action, reflecting a long-term trend in which public data center companies have been acquired and taken private by investment firms. That trend was reflected in two of the megadeals that closed in 2022. ...

How has private equity funding changed in 2022?

Since 2018 private equity funding has risen by an average 50% per year and in 2022 reached $44 billion. This outsized M&A activity over the last several years as not been a surprise to readers of Data Center Frontier. ...

Which VC firm is targeting $3.5 billion for a PE fund?

PE and VC firm that invests across different verticals including digitization, healthcare, leisure and luxury. Its portfolio includes Swiss data center operator Netrics. The firm is reportedly targeting roughly $3.5 billion for its latest PE fund. PE firm that focuses on founder-led, middle-market businesses. ...

What is the largest PE-Backed data center deal this year?

The $15 billion take-private of CyrusOne by KKR and Global Infrastructure Partners is by far the largest PE-backed data center deal this year. ...

Is switch acquiring a data center company for $11 billion?

It is also in discussions to acquire global data center operator Switch Inc. for $11 billion, according to multiple reports. Publicly traded buyout giant that invests in a variety of sectors globally. It has backed data center companies such as EdgeConneX and Global Data Center. Notable exits include Coromatic, which was sold to E.ON. ...