Blue Owl, Chirisa Technology Parks and PowerHouse Data Centers announce first phase of $5 Billion Joint Venture Development Partnership

CHICAGO and RICHMOND, Va. and MCLEAN, Va., Aug. 29, 2024 /PRNewswire/ -- Funds managed by Blue Owl Capital Inc. ("Blue Owl"), Chirisa Technology Parks ("CTP"), and PowerHouse Data Centers ("PowerHouse") have today executed a joint venture development agreement ("JV") focused on the development of large-scale AI/HPC data centers for CoreWeave, Inc. ("CoreWeave"). The agreement is intended as the first stage of a partnership with capacity to deploy up to $5 Billion of capital for turnkey AI/HPC data center de ...