BlackRock Inc. is preparing to sell more than $12 billion of bonds to help fund a gigawatt-scale data center campus in El Paso, Texas, built to serve Meta Platforms Inc., in what stands as one of the largest financings yet for the AI infrastructure boom. The deal, tied to a vehicle known as Project Sopaipilla Holdings, would be marketed to investors on a call led by JPMorgan Chase & Co. and Morgan Stanley, according to Bloomberg.
Continue reading
The rest of this article is for AI News Blitz readers. Choose an option below to keep reading.
Already purchased? Sign in✓ Signed in — this article isn’t included in your current plan.