News
Pimco, Blue Owl Emerge
Yahoo Finance · 3d
META: Meta Strikes $29 Billion AI Data Center Deal with PIMCO
Aug 8 - Meta Platforms (NASDAQ:META) has locked in a major financing deal to fuel its AI-driven infrastructure ambitions. The tech giant partnered with PIMCO and Blue Owl Capital (NYSE:OWL) to raise $29 billion for a massive data center expansion in rural Louisiana.
Bisnow · 2d
Pimco, Blue Owl To Lead $29B Data Center Financing Deal For Meta
Pacific Investment Management Co. and Blue Owl Capital will partner on the $29B financing deal for the social media company's data center expansion in the state, Bloomberg reported Thursday. As part of the agreement, Pimco will lead the $26B debt portion of the deal, and Blue Owl will provide $3B in equity.
DatacenterDynamics · 3d
Meta taps Pimco and Blue Owl for $29bn data center financing - report
Citing people with knowledge of the matter, Bloomberg reports Meta has selected Pacific Investment Management Co. (Pimco) and Blue Owl Capital Inc. to lead a $29 billion financing for its data center expansion in rural Louisiana.
Tech companies are racing to build powerful data centers across the nation, especially as President Trump calls for increased ...
Some data centers could require more electricity than cities the size of Pittsburgh, Cleveland or New Orleans, and make huge ...
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