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Blue Owl Capital Pursues $4B Data Center Amid Financing Challenges

2/21/2026

27 5 Full Breakdown

Summary

Story summary

Blue Owl Capital seeks financing for a $4 billion data center project in Lancaster, Pennsylvania, with CoreWeave, as lenders are deterred by CoreWeave's credit rating.
An executive with Blue Owl Capital said lenders are cautious about large AI exposures with weaker credit.
Blue Owl Capital's spokesman said the project is fully funded and on schedule.
Blue Owl Capital has faced scrutiny after halting withdrawals from a retail private credit fund.

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Story summary

Blue Owl Capital seeks financing for a $4 billion data center project in Lancaster, Pennsylvania, with CoreWeave, as lenders are deterred by CoreWeave's credit rating.
An executive with Blue Owl Capital said lenders are cautious about large AI exposures with weaker credit.
Blue Owl Capital's spokesman said the project is fully funded and on schedule.
Blue Owl Capital has faced scrutiny after halting withdrawals from a retail private credit fund.