Blackstone finalizes $3 billion loan for Australian data centre
Originally published Jul 22, 2026
By Sharon Klyne · Bloomberg — Technology
AI-generated summary based on Bloomberg — Technology · Aggregated by OffScreenSpace · Human-reviewed and approved on Jul 22, 2026
Key points
- Blackstone is arranging a $3 billion loan for AirTrunk’s Australian data centre.
- The financing involves a group of banks underwriting A$4.3 billion.
- Debt levels for AI infrastructure projects are attracting growing concern.
Blackstone Inc. is close to securing a consortium of banks to underwrite an A$4.3 billion (approximately US$3 billion) loan that will fund AirTrunk Pty.’s new data‑center project in Australia. The financing move comes amid heightened scrutiny over the rising debt levels associated with large‑scale artificial intelligence infrastructure investments.
Industry observers note that while the loan supports expanding cloud capacity, it also highlights broader concerns about the sustainability of heavy borrowing for AI‑related projects worldwide.
Read the original story: Bloomberg — Technology — by Sharon Klyne