Colovore has closed a $925 million debt facility provided by Blackstone funds.
“This Blackstone financing, along with the continued support of King Street, positions us well to continue scaling our footprint through the development of new liquid-cooled data centers, starting in Reno [Nev.], Chicago and Austin,” said Sean Holzknecht, president and co-founder of Colovore. “As AI infrastructure shifts rapidly toward highly distributed, inference-driven workloads, we remain focused on building the national backbone for this next phase — scalable, liquid-cooled data center platforms purpose-built for edge and core inference.”
Brian Higgins, founder and managing partner of King Street, added, “With more than a decade of experience in liquid cooling, Colovore is uniquely positioned to provide infrastructure to meet the soaring demand for high-density, AI-optimized data centers. We look forward to further leveraging King Street's real estate and credit capabilitie
