From Reuters, November 13:
ACS, BlackRock to seal $27 billion data centre deal, report says
Spain's ACS (ACS.MC), is close to striking a 23 billion euro ($26.8 billion) partnership with BlackRock's (BLK.N), Global Infrastructure Partners to develop data centres, newspaper Expansion reported on Thursday, citing unnamed market sources.
Under this agreement, the U.S. asset manager GIP is set to take a 50% stake in the ACS Digital & Energy unit, Expansion said, consisting of 5 billion euros in equity capital - to be contributed progressively - and 18 billion euros in debt....
....MUCH MORE
January 18, 2024
"BlackRock Acquisition Triples Its Business of Building Airports, Roads, and Utilities"
I'm telling ya, this is a big deal. Not just for the $12.5 billion purchase price but for the $100+ billion in assets that GIP manages....January 2024: BlackRock Goes Large-by-Large In Infrastructure (BLK)"
January 2024: "Investors look set to pour cash into infrastructure following BlackRock acquisition" (BLK)
February 2024 = The Infrastructure Theme Is For Real (PWR)
March 2025 -
"Money Managers Rush to Invest in The World’s ‘Essential Plumbing’"
A topic near and dear....
And many, many more.
