Blue Owl Capital is pushing back against reports it struggled to find a lender for a $4B data center development under construction in Pennsylvania.
Business Insider reported Friday that the publicly traded firm looked for a lender for the CoreWeave-leased development in Lancaster but was unable to find any takers. Blue Owl denied it had any financing issues for the project in a statement to Bisnow.
“The central premise of the Business Insider article — that we encountered financing challenges related to the Lancaster project — is incorrect,” the spokesperson said.