Blackstone and Coatue Lead 10 Billion Dollar Debt Deal for Australian AI Infrastructure Developer Firmus

Australian developer Firmus secured a 10 billion dollar debt package led by Blackstone and Coatue. The funds will expand AI data centers across the nation.

洞察:
Firmus, an AI company based in Australia AUAU, has finalised a $10 billion debt funding package led by Blackstone Inc. and Coatue Management to finance the next phase of its Project Southgate. The financing, which was completed on February 9, 2026, enables the construction of extensive AI training and inference infrastructure across Australia AUAU. The project is expected to reach a total capacity of up to 1.6 gigawatts over the next three years.
FILE PHOTO: A logo of Blackstone is pictured in Manhattan, New York City, U.S., July 29, 2025. REUTERS/Mike Segar/File Photo
FILE PHOTO: A logo of Blackstone is pictured in Manhattan, New York City, U.S., July 29, 2025. REUTERS/Mike Segar/File Photo
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