Blackstone Launches Public Vehicle To Buy Data Centers

Blackstone Inc. is creating a publicly traded acquisition company to buy existing leased data centers, according to people familiar with the matter, and is approaching sovereign wealth funds for initial checks as it aims to raise tens of billions from broader investors. Announced on Feb. 28, 2026, the vehicle would invest in built, leased facilities and compete with Digital Realty and Equinix amid a projected $3 trillion infrastructure need by 2030.