Financial Times ·

Meta and BlackRock's $14B El Paso data center project is not insured against total loss, exposing lenders to credit risks and big potential liabilities

Investors in gigawatt-scale campuses face billions in underinsured risks as insurers balk at cost of full coverage

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Meta and BlackRock's $14B El Paso data center project is not insured against total loss, exposing lenders to credit risks and big potential liabilities

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Financial Times — Meta and BlackRock's $14B El Paso data center project is not insured against total loss, exposing lenders to credit risks and big potential liabilities ↗

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Aug 17Aug 18

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