{"id":433124,"date":"2026-07-03T01:24:17","date_gmt":"2026-07-02T18:24:17","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/blackstone-said-to-abandon-a-large-data-center-in-virginia-433124\/"},"modified":"2026-07-03T01:24:17","modified_gmt":"2026-07-02T18:24:17","slug":"blackstone-said-to-abandon-a-large-data-center-in-virginia","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/blackstone-said-to-abandon-a-large-data-center-in-virginia-433124\/","title":{"rendered":"Blackstone said to abandon a large data center in Virginia"},"content":{"rendered":"<div>\n<p>There is a report that QTS Data Centers (fully owned by Blackstone) is abandoning plans to build a data center in Virginia.<\/p>\n<p>The market might be sensitive to these report in light of yesterday&#8217;s market-moving story about Meta looking to sell excess compute. There are fears of overbuilding and also that the huge spending won&#8217;t make an economic return.<\/p>\n<p>Scotia yesterday wrote:<\/p>\n<blockquote><p>The bear framing is that a large<br \/>\nhyperscaler willing to sell excess compute, while still investing behind frontier models, signals<br \/>\ninternal demand tracking below capacity, inviting an asterisk on future capex disclosures<br \/>\nacross the group. The bull framing is CFO-driven arbitrage: with external GPU prices at current<br \/>\nlevels, first-party allocation becomes harder to justify at the margin, and monetizing surplus<br \/>\ncapacity is economically rational. We lean toward the latter but recognize the tension<\/p><\/blockquote>\n<p>I will try to track down the details of this report and the reason for the decision to shelve the project.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>There is a report that QTS Data Centers (fully owned by Blackstone) is abandoning plans to build a data center in Virginia. The market might be sensitive to these report in light&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-433124","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=433124"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433124\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=433124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=433124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=433124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}