The largest money official in the world will use President Trump’s state visit to the United Kingdom next week to unveil a 500 million pound sterling plan to invest in British data centers, one of the fastest fields of global infrastructure spending.
Sky News has learned that Blackrock plans to announce a joint venture with Digital Gravity Partners, an investment manager for digital infrastructure, which will focus on the acquisition and modernization of existing data centers to improve their capacity.
Donald Trump will visit the United Kingdom next week. Pic: Reuters
The project will be among dozens praised by the government as proof of the force of the economic partnership between Great Britain and the United States, as President Trump arrives in the United Kingdom in the politically tumultuous context of Lord Mandelson dismissal as an American ambassador.
Blackrock, which has more than 12.5 billions of dollars of assets under management, has a significant presence in Great Britain and will open next week a new edinburgh office employing approximately 1,300 people.
Earlier this week, Sky News revealed that Larry Fink, president and chief executive officer of Blackrock, would be part of the commercial delegation accompanying President Trump during the state visit.
The other bosses present will include Jensen Huang de Nvidia, the most precious public society in the world, and Sam Altman by Chatgpt Architect Openai.
Bloomberg News reported on Friday that the two companies would launch an investment of several billion books in the United Kingdom next week which would be part of the vast Stargate data center project of $ 500 billion.
The vast quantities spent on the infrastructure of the data center related to artificial intelligence in the world represent one of the most important trends in the world economy, the strains that arise from electrical resources are also lively.
The government hopes to announce at the beginning of the next week overall investment and job creation figures that compete with the 63 billion pounds sterling which he claims to have obtained following the international investment summit last October, according to initiates.
Above all, at a difficult time for a economy that official data show a flat lining, the series of big business announcements will be praised by the administration of Sir Keir Starmer as proof that Great Britain remains a major global destination for foreign investment.
The investment office, which recently gave a reinforced role in Whitehall, was involved in the coordination of many transactions to announce next week, which will include energy, financial services, nuclear energy and technology, according to initiates.
Business sources and Whitehall have said that the Center de Data Center for 500 million Sterling of Blackrock would reflect the Prime Minister’s efforts, her sales advisor Varun Chandra and Chancellor Rachel Reeves to strengthen government relations with the active management giant in the past year.
Dozens of bosses will attend a state banquet at the castle of Windsor organized by King Charles III during the trip next week.
Visit of President Trump However, in the midst of tensions on its tariff regime, with continuous uncertainty on the impact on the British manufacturing sectors, including steel.
There are also continuous tensions between the British government and the main manufacturers of prices, the US administration using pharmaceutical companies to reduce the price of prescription drugs in the United States.
Blackrock refused to comment.