Blue Owl’s Stack Seeks $6 Billion Loan for Melbourne Data Center
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Stack Infrastructure is reportedly pursuing A$8.6 billion in financing for a Melbourne data center amid closer scrutiny of debt supporting AI infrastructure.
Stack Infrastructure, backed by Blue Owl, is reportedly looking to borrow A$8.6 billion, equivalent to about $6 billion, for a data center development in Melbourne.
The proposed financing comes as investors take a more cautious view of borrowing tied to the expansion of artificial intelligence infrastructure.
The report appeared in The Energy Mag and was carried by Bitcoin.com News. The supplied account does not identify potential lenders or indicate whether financing has been secured.
Source: Bitcoin.com News
