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BlackRock Funds AI Data Center | Durham News
BlackRock is betting big on AI infrastructure—not by building, but by financing—with a $12+ billion bond deal for Meta’s El Paso data center. The clever structure shields BlackRock’s balance sheet, tying debt to the project’s own cash flow. Meta’s 20% stake and tenant role make the deal viable, while top banks lead investor outreach. Markets remain calm, seeing limited risk exposure. For BlackRock, the real win is scaling its infrastructure and private credit management, now overseeing a record $15 trillion in assets. Listen in comfort:Get a discount on a Soli Pillow…
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