Blackstone-affiliated funds acquire significant minority stake in Rowan Digital

Quinbrook and Blackstone (BX) announced that funds affiliated with Blackstone have acquired a significant minority stake in Rowan Digital Infrastructure, a sustainable hyperscale data center developer. “This investment positions Rowan to continue delivering sustainable data center capacity for the world’s leading technology companies,” said Charley Daitch, Chief Executive Officer of Rowan. “Blackstone’s investment is a strong vote of confidence in our differentiated approach and our ability to execute complex projects at scale – particularly where power availability, accelerated timelines, and community alignment are critical to success.”