Blackstone has acquired a 49 percent stake in Rowan Digital Infrastructure, a $3.8 billion Denver-based hyperscale data center developer.
Rowan was founded in 2020, as a Quinbrook Infrastructure Partners portfolio, where it has raised more than $2.2 billion in financing for its flagship campus in Maryland.
In this agreement, Quinbrook will retain operational control while Rowan gains access to Blackstone’s capital and scale to enhance its data center footprint.