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Blackstone's QTS terminates Digital Gateway data center project in Virginia

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Blackstone's QTS terminates Digital Gateway data center project in Virginia

Blackstone’s QTS terminated its planned Digital Gateway data center project in Virginia and withdrew the related regulatory filings after years of planning and review. The termination signals a pause/cancellation of incremental data center expansion, which may weigh modestly on sentiment around near-term growth plans.

Analysis

Blackstone’s QTS terminated its planned Digital Gateway data center project in Virginia and withdrew the related regulatory filings after years of planning and review. The termination signals a pause/cancellation of incremental data center expansion, which may weigh modestly on sentiment around near-term growth plans.

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