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electricity-procurement

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Blackstone-Backed QTS in Talks for $2 Billion Financing to Secure Electricity SupplySubstrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)
world7 days agoDeveloping

Blackstone-Backed QTS in Talks for $2 Billion Financing to Secure Electricity Supply

Data center operator QTS, backed by Blackstone, is negotiating with banks for approximately $2 billion in financing. The funds aim to procure electricity amid industry pressures. This development heightens competition for innovative financing strategies in the data center sector.

Bloomberg
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