Blackstone acquires former Britishvolt site for €10bn data center project in Northumberland, UK, creating thousands of jobs.

Private equity firm Blackstone has agreed to purchase the former Britishvolt site in Northumberland, UK, with plans to build one of Europe's largest data centers. The site, initially intended for a gigafactory to produce electric vehicle batteries, had been beset by complications following the collapse of Britishvolt. The proposed data center project could mark an investment of £10bn ($12.5bn) into the region and create thousands of jobs.

April 15, 2024
20 Articles