Key Takeaways
- • Blackstone-backed data center builder Rowan Digital Infrastructure said it secured $1.5 billion in total financing to support its data center development pipeline, according to Law360.
- • Four law firms advised on the transactions: Simpson Thacher & Bartlett LLP, Dechert LLP, Kirkland & Ellis LLP and Milbank LLP.
- • The announcement was made Thursday, November 12, 2026.
- • The financing package underscores continued institutional capital flowing into data center infrastructure development.
Summary
Rowan Digital Infrastructure, a data center builder backed by Blackstone, said on Thursday that it has secured $1.5 billion in total financing to support its development work, according to Law360. The company did not, in the source material available, break out the composition of the financing between debt and equity or identify individual lenders.
The transactions were advised by four law firms: Simpson Thacher & Bartlett LLP, Dechert LLP, Kirkland & Ellis LLP and Milbank LLP. Their involvement reflects the multi-party structuring typically required for financings of this scale in digital infrastructure.
The financing is directed at Rowan's development pipeline of data center projects. For allocators tracking the sector, the deal is a signal that sponsor-backed data center platforms remain able to access large pools of capital to fund construction and expansion.
The source article is a Law360 legal-industry report and provides limited detail beyond the headline figures and advisory roster.
The transactions were advised by four law firms: Simpson Thacher & Bartlett LLP, Dechert LLP, Kirkland & Ellis LLP and Milbank LLP. Their involvement reflects the multi-party structuring typically required for financings of this scale in digital infrastructure.
The financing is directed at Rowan's development pipeline of data center projects. For allocators tracking the sector, the deal is a signal that sponsor-backed data center platforms remain able to access large pools of capital to fund construction and expansion.
The source article is a Law360 legal-industry report and provides limited detail beyond the headline figures and advisory roster.
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