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BlackRock's GIP and ACS launched a data center joint venture called Coravel and secured a customer in Texas.
Mega-asset-manager entry into AI data center co-investment signals institutional capital recognition of infrastructure returns and long-duration cashflow.
Trade pressSlicast · July 17, 2026 · Global · Source: Data Center Dynamics
importance 67BlackRock's GIP and ACS launched a data center joint venture called Coravel and secured a customer in Texas.
Mega-asset-manager entry into AI data center co-investment signals institutional capital recognition of infrastructure returns and long-duration cashflow.