Blue Owl Capital is doubling down on artificial intelligence infrastructure investments — including loans to two more data centers, Business Insider has learned.
Last year, the Wall Street investment and credit firm raised nearly $10 billion for digital infrastructure, primarily for ownership interests in data center projects. The company has also expanded its lending to the sector.
Blue Owl, based in New York City, recently agreed to provide $240 million of financing for a data center in Minneapolis that was purchased by investors Cloud Capital and Arcapita Group, according to two people with knowledge of the transaction.
The company plans to both invest in and lend to a recently announced large data center development in Wichita Falls, Texas, being built by the Dallas-based firm Skybox Datacenters, according to a person with knowledge of the structure…