BlackRock unveils big bet on UK data centres


BlackRock headquarters in New York, US, on Wednesday, Dec. 27, 2023. Photographer Angus Mordant/Bloomberg

London: BlackRock Inc plans to pour as much as £500mil or about US$678mil into an overlooked corner of Britain’s data centre market, a commitment it unveiled as chief executive officer Larry Fink prepares to join US President Donald Trump on his state visit to the country. 

The asset manager has acquired a site in west London that will seed a new venture with data centre operator Gravity Edge, according to a statement.

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