CoreWeave News: CoreWeave Secures $600 Million For Virginia Data Center

CoreWeave Unicorn News - December 14, 2024

A $600 million construction financing deal has been secured for a new data center project in Chester, Virginia, leased to CoreWeave. This development highlights the rapid expansion of the data center industry, driven by the demands of hyperscalers and advanced computing applications.

Sources
https://www.investing.com/news/press-releases/newmark-arranges-600-million-construction-financing-for-50-mw-buildtosuit-data-center-for-blue-owl-chirisa-and-powerhouse-93CH-3771596
http://commercialobserver.com/2024/12/societe-generale-600m-virginia-data-center/

Outline
(00:00:00) Introduction
(00:00:27) Major Construction Financing Secured for Virginia Data Center

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