Funds managed by Blue Owl Capital and affiliates of Chirisa Technology Parks (CT) and Machine Investment Group (MIG) have closed on a joint venture partnership to include $4 billion of funding for the previously announced CoreWeave developments in Lancaster, Penn.
CoreWeave has invested in the campus and will lease the site as part of its commitment to building future-ready artificial intelligence (AI) infrastructure hubs in the regions that need them most — across America’s critical economic corridors, including the Mid-Atlantic, which this facility will serve. The Lancaster location will join CoreWeave’s expanding global network of AI data centers.
Blue Owl stated its intention to fund up to $20 billion of developments for CTP, extending the existing partnership between the two groups, which currently supports almost half a gigawatt of new developments underway in Virginia and Pennsylvania.
Marc Zahr, co-president and global head of real assets at Blue O
