Finance

Blackstone’s QTS Asks Banks for $2 Billion to Guarantee AI Power

Blackstone Inc.-backed data center operator QTS is in talks with banks for about $2 billion to help procure electricity, intensifying the race for ever-more creative forms of financing in the industry.

B
Bloomberg
April 28, 2026·1 min read
Blackstone’s QTS Asks Banks for $2 Billion to Guarantee AI Power

Image: Bloomberg

Blackstone Inc.-backed data center operator QTS is in talks with banks for about $2 billion to help procure electricity, intensifying the race for ever-more creative forms of financing in the industry.

Original article

Blackstone’s QTS Asks Banks for $2 Billion to Guarantee AI Power

Published by Bloomberg

Read full article