# Blue Owl-backed developer raises $1.1 billion for CoreWeave-linked data center

_Published Wednesday, September 23, 2026 at 7:08 PM EDT · Infrastructure, AI, Products · Latest · Tier 2 — Notable_

A data center developer sponsored by Blue Owl Capital affiliates raised $1.1 billion through a junk-bond offering to finance a project tied to CoreWeave, Bloomberg reported. The developer offered high yields to attract investors. The financing supplies capital for the project while carrying the borrowing cost associated with those yields.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-09-23/coreweave-tied-data-center-raises-1-1-billion-in-junk-bonds)

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Canonical: https://techandbusiness.org/newswire/UipeLLqws8YDl5w9qQgYG3
Published: 2026-09-23T23:08:35.563Z
Story chronology: 2026-09-23T21:41:49.000Z
Retrieved: 2026-09-24T00:25:39.950Z
Publisher: Tech & Business (techandbusiness.org)