By PR Newswire
Publication Date: 2026-04-24 23:16:00
Related digital and Blackstone-affiliated funds will provide equity capital to finance the project; Fixed-rate, long-term debt financing anchored by funds and accounts managed by PIMCO
Campus creates thousands of union construction jobs and significant community investment
DALLAS, April 24, 2026 /PRNewswire/ — Related Digital, a vertically integrated data center development and investment platform, and Blackstone (NYSE: BX) today announced that financing has been secured for Related Digital’s $16 billion data center campus in Saline Township, Michigan, purpose-built for Oracle. The financing includes equity from Related Digital and Blackstone-affiliated funds, as well as fixed-rate, long-term debt financing anchored by funds and accounts managed by PIMCO. Bank of America served as structuring agent and financial advisor, while Goldman Sachs and Wells Fargo also served as advisors to Related Digital.
This project will provide significant community benefits including:
Over 2,500 trade unionists…
