29 January 2024

How Blackstone is building a $25B US data center empire via its QTS acquisition, using an estimated 6 GW of electricity when complete, equal to ~5M homes' needs (Dawn Lim/Bloomberg)

Dawn Lim / Bloomberg:
How Blackstone is building a $25B US data center empire via its QTS acquisition, using an estimated 6 GW of electricity when complete, equal to ~5M homes' needs  —  The private equity giant says landlord QTS could be one of its best investments ever — but the resources needed for growth are vast.

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