Meta and BlackRock’s $14bn data centre exposes lenders to insurance gap

Meta and BlackRock’s $14bn data centre exposes lenders to insurance gap

Underinsurance Concerns for Meta and BlackRock's Data Centre

Meta and BlackRock's $14 billion investment in a data centre highlights significant underinsurance risks for gigawatt-scale campuses. According to a report, investors in such projects face billions in risks that are not fully covered, as insurers are hesitant to cover the entire cost.

Original Source: https://www.ft.com/content/adeca274-67a3-4ee8-94f1-f43e4f28be97?syn-25a6b1a6=1