Oracle's Michigan Data Center Secures $16 Billion in Funding

On April 24 local time, data center developer Related Digital and Blackstone Group announced that a $16 billion data center campus project located in Saline, Michigan, in the United States and built specifically for Oracle Corporation has secured financing. The financing includes equity investments from Related Digital and funds under Blackstone Group, as well as fixed-rate long-term debt financing provided by funds and accounts managed by Pinghao. (Interface)

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