BlackRock is raising $12bn to build Meta a data centre it will own, lend to, and rent out

On Monday, JPMorgan and Morgan Stanley began pitching investors on a bond sale of at least $12 billion, as The Wall Street Journal reported. The money will build a Meta data centre in El Paso, Texas. The structure is the story. Who owns what BlackRock and its infrastructure and private-credit arms own 80% of the […] This story continues at The Next Web

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