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PIMCO leads $16 billion financing for Stargate Michigan campus
The financing includes equity from Related Digital and funds affiliated with Blackstone, as well as fixed-rate, long term debt financing anchored by PIMCO-managed funds and accounts.
By Jack Haddon
Deputy Editor, The Tech Capital
4 Mins
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US data centre developer Related Digital has revealed details of how the US$16 billion it needs to build a data centre for Oracle and OpenAI will be raised.
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Jack Haddon
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