Blackstone's plans for northern England 'hyperscale' data centre get green light
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Blackstone has received approval from council planners to proceed with a $13 billion 'hyperscale' data centre in North East England. This project marks a significant investment by the U.S. private equity group in the region.
March 05, 2025 | 1:00 pm
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Blackstone has been approved to build a $13 billion 'hyperscale' data centre in North East England, indicating a significant expansion in their asset portfolio and potential future revenue streams.
The approval of the data centre project represents a substantial investment by Blackstone, likely to enhance their asset base and future revenue potential. This positive development is expected to have a favorable impact on Blackstone's stock price in the short term.
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