TechFinancial Times1h ago

Meta and BlackRock's $14B El Paso data center project is not insured

Sources: Meta and BlackRock's $14B El Paso data center project is not insured against total loss, exposing lenders to credit risks and big potential liabilities

Investors in gigawatt-scale campuses face billions in underinsured risks as insurers balk at cost of full coverage

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Source: Financial Times · Opens in new tab