Jeff Blau Of Related Companies Secures $16B Loan For Saline Township Data Center Leased To Oracle

A data center located in Saline Township, Michigan has secured a financing package of $16 billion, comprising $2 billion in equity provided by Blackstone and $14 billion in debt arranged by Bank of America. This financing is intended for leasing purposes to Oracle as part of the Stargate AI infrastructure partnership with OpenAI.

Summary of transaction details:

• Property Type: Data Center
• Transaction Amount: $16,000,000,000
• Lender: Blackstone & Bank of America
• Landlord: Jeff Blau - Related Companies - Related Digital

The financing deal for the Saline Township data center signifies Related Digital's largest project since its establishment in March 2025. The agreement was reached following extensive negotiations, which were influenced by the need for local approvals and considerations surrounding Oracle’s risk profile.