The Anonymous Widower

Blackstone Secures Approval For $13bn Hyperscale Data Centre In UK

The title of this post, is the same as that of this article in Private Equity Insights.

This is the sub-heading.

Blackstone has received approval from Northumberland County Council to move forward with its $13bn hyperscale data centre project in North East England.

These three paragraphs add detail.

The investment marks a major push by the private equity giant into the fast-expanding digital infrastructure sector, as demand for data storage and cloud computing surges.
The project, covering 540,000 square metres, represents one of the largest data centre developments in Europe. It is expected to bring significant economic benefits to the region, creating 1,200 long-term construction jobs, hundreds of permanent operational roles, and up to 2,700 indirect positions.

As part of its commitment to the local economy, Blackstone has pledged £110m to support job creation and economic growth along the Northumberland Line, a newly launched railway corridor. Find out more and meet Blackstone at the Italy Private Equity Conference in Milan.

The Northumberland Line cost £300 million to build. Adding £110 million for job creation and economic growth looks to be a good return for the North-East.

Conclusion

As we have the power, perhaps we should add a few more hyperscale data centres around our coasts.

March 7, 2025 - Posted by AnonW | Computing, Energy | Blackstone Group, Britishvolt, Data Centre, Northumberland, Northumberland Line (Newcastle And Ashington/Blyth), Private Equity