Blue Owl Capital managed funds ("Blue Owl"), Chirisa Technology Parks ("CTP"), and PowerHouse Data Centers ("PowerHouse") today announced the closing of a $750 million transaction in their landmark joint venture development partnership.

While utility companies say the state is prepared, some worry about the environmental implications.

PowerHouse Data Centers is making significant strides in expanding its footprint across North America, initiating several key projects and partnerships as 2025 begins.

Strategically located between Dallas and Fort Worth, with initial power delivery for the campus slated for May 2026

American Real Estate Partners (AREP) has closed its fourth real estate GP fund, AREP Strategic Opportunity Fund IV, with $309 million in equity commitments.

AREP Fund IV Oversubscribed at $309M Fund IV targets investments in data center, residential development projects

Acquired through a joint venture with Harrison Street, the site will host an 800 MW data center campus.