Jan 15 (Reuters) - Blackstone is providing 4 billion euros ($4.65 billion) for a data center in Lippetal, Germany, Handelsblatt reported on Thursday, citing sources. Blackstone did not immediately
Blackstone Plans Up to €4 Billion Investment in German Data Center
Blackstone's Investment Strategy in Data Centers
Jan 15 (Reuters) - Blackstone could invest up to 4 billion euros ($4.65 billion) for a data center in Lippetal, Germany, Handelsblatt reported on Thursday, citing sources.
Opportunities in Data Center Market
In December, Blackstone’s president Jon Gray said he still sees good opportunities to invest in data centers despite a rush of investment into the hardware supporting the development of artificial intelligence.
Challenges and Constraints
"Surprisingly, despite the capital that has moved there, because of the constraints of power it's still an attractive place to deploy capital," Gray said in December.
Power Constraints in Germany
($1 = 0.8611 euros)
(Reporting by Carlos Méndez in Mexico City; Editing by Sahal Muhammed)
