Oracle's Michigan data center secures $16 billion in financing

On April 24 local time, data center developer Related Digital and Blackstone Group announced that a $16 billion data center campus project specifically built for Oracle in Saline Township, Michigan, USA, has secured financing. The financing includes equity investments from Related Digital and funds under Blackstone Group, as well as long-term fixed-rate debt financing provided by funds and accounts managed by PIMCO. (Jiemian)