Failed $4B Financing for Lancaster Data Center Tied to CoreWeave’s B+ Credit Score
Blue Owl Capital was unable to secure $4 billion in lender financing for a new data center in Lancaster, Pennsylvania, a project slated to host CoreWeave as its primary tenant. The pullback by specialty lenders was driven largely by concern over CoreWeave’s B+ rating from S&P Global. The setback leaves Blue Owl with a roughly $500 million bridge lo…