ANNOUNCEMENT

BlackRock announces £500m data center investment program across the UK

BlackRock has announced plans to commit up to £500 million to an investment program delivering next generation enterprise data centers across the UK. These data centers will be refurbished to be NVIDIA-ready, enabling them to support the evolving demands from businesses for high-density compute capabilities. Boosting the UK’s overall data center capacity, the program will finance the modernization of data centers to better serve blue-chip companies with enhanced cloud solutions.

The investment program will be delivered by a newly launched data center operating platform called Gravity Edge, which is a joint venture (JV) between BlackRock and DGP, a specialist digital infrastructure investor and advisor. The platform’s strategy will acquire, expand and refurbish enterprise data centers in key UK locations where supply has been constrained by power availability.

This investment was announced by the UK government ahead of the U.S. state visit. Learn more here.

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