Target you selected Pimco and Blue Owl Capital to Lead A $ 29 Billion Financing For a Major Ai Data Center Expansion in Rural Louisiana, With About $ 26 Billion in Asset-lowed Debt and $ 3 billion in equityAccording to Multiple Reports.
The Debt is expectted to be issued as Investment -Grade Bonds Secured by The Data Center Assets, Part of a Structure Designed to Bring In Private Capital While Preserving Balance -Sheet Flexibility.
The Financing Follows A Competitive Process Run With Morgan Stanley That Included Apollo Global Management and Kkr Among Final -Round Contenders, Underscoring Intense Private -Credit Interest In Data -Center Infrastructure.
The Project Supports Meta’s Push to Scale Ai Capabilities – Spanning Generative ai and “SuperintenTintelligence” —with Executives Signaling Plans to Invest Hundreds of Billions of Dollars in Ai Infrastructure Over The Coming Years. Goal has Also Explore Selling About $ 2 billion OF DATA CENTER ASSETS VIA CO -DEVELOPMENT PARTNERSHIPS TO SHARE COSTS AND ACCELERATE BUILD -OUTS
Reports indicate finish 2026with “Hyperion” Expecta To Scale Toward 5 GW Over Time, Highlighting The Power -Intensive Nature of Next -Gen Ai Workloads.
Private Investors Have Been Actively Seeking Asset -Backed Deals with Higher -Rated Counterparties, Making Large -Scale Data Centers A Focal Point for Deployment Amid the Boom In Ai Infrastructure Financing.
