Blackstone to invest $4.65 billion for data center in Germany, Handelsblatt reports

Core Insights - Blackstone is investing 4 billion euros ($4.65 billion) in a data center located in Lippetal, Germany, as reported by Handelsblatt [1] Company Summary - The investment by Blackstone highlights its commitment to expanding its portfolio in the data center sector, which is experiencing significant growth due to increasing demand for data storage and processing capabilities [1] Industry Summary - The data center industry is witnessing a surge in investments as companies seek to enhance their infrastructure to support digital transformation and cloud computing [1] - Germany is becoming a key location for data centers, driven by its robust economy and increasing digitalization efforts [1]