BlackRock

Data Center Signal is tracking 11 clips about BlackRock data center developments across 8 states, including VA, PA, TX, MN, UT.

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11Clips
8States

States

Topics

electricity73%
announcement64%
government64%
environmental36%
zoning27%
opposition27%
water18%
moratorium9%
State officials fight against spiking electricity bills
News ClipThe Arkansas Democrat-Gazette·PA

State officials fight against spiking electricity bills$

State officials and lawmakers in at least six states are challenging utility rate increases, citing growing utility profits and the financial strain on residents. The artificial intelligence boom and its voracious energy demands are contributing to rising electricity prices and a construction boom in the energy sector. Governors and attorneys general are pushing utilities to change financing models and ensure affordability for consumers.

5/18/2026
States challenge utility profit growth amid rising electricity bills, AI boom
News ClipBreaking News, Latest News and Videos·Philadelphia, Philadelphia County, PA

States challenge utility profit growth amid rising electricity bills, AI boom

The AI boom is causing rising electricity bills and utility profits, leading to disputes in several states. Officials in states like Arizona, Indiana, New Jersey, and Pennsylvania are challenging proposed utility rate increases and advocating for changes in financing models to protect consumers from escalating costs.

5/17/2026
Google, DC Blox develop data center in Palm Coast, Florida, facing local opposition
News ClipWUFT·Palm Coast, Flagler County, FL

Google, DC Blox develop data center in Palm Coast, Florida, facing local opposition

Google and DC Blox are developing a subsea fiber-optic cable landing station, which also functions as a data center, in Palm Coast, Florida. The project aims to meet growing demand for cloud and AI services, representing a significant investment for the region. However, it faces local opposition due to concerns over resource consumption and a perceived lack of government transparency regarding its administrative approval.

5/12/2026
BlackRock invests $30M for Texas electricians
News Clip2:11KXAN·TX

BlackRock invests $30M for Texas electricians

BlackRock announced a $30 million investment in Texas to train 12,000 new electricians over three years. This initiative aims to address a significant statewide electrician shortage, which is partly driven by the booming data center industry and the high demand for skilled workers from companies like Oracle.

5/7/2026
What data centers might mean for your electric bill
News ClipMinnPost·Hermantown, St. Louis County, MN

What data centers might mean for your electric bill

The article examines how data center development impacts electricity bills and utility infrastructure spending, particularly in Minnesota. It highlights that utilities, like Xcel Energy and Minnesota Power, are investing significantly in grid upgrades to support new industrial loads including data centers. This spending often leads to rate hike requests from state regulators, with the link between data centers and utility rates becoming a significant political issue.

4/29/2026
EdgeCore Digital Infrastructure Secures $1.5 Billion of Construction Financing for Two Fully Leased Hyperscale Data Centers in Northern Virginia
News ClipVoice of Alexandria·Sterling, VA

EdgeCore Digital Infrastructure Secures $1.5 Billion of Construction Financing for Two Fully Leased Hyperscale Data Centers in Northern Virginia

EdgeCore Digital Infrastructure secured $1.5 billion in construction financing for two fully leased hyperscale data centers, AS01 and AS02, in Sterling, Virginia. These facilities will support a combined 114 MW of critical load, with initial occupancy scheduled for late 2026 and mid-2027. The financing includes a Green Loan component, reflecting EdgeCore's focus on sustainable construction and expansion plans in Virginia.

4/24/2026
EdgeCore secures $1.5B toward Sterling data centers construction
News ClipVirginia Business·Sterling, Loudoun County, VA

EdgeCore secures $1.5B toward Sterling data centers construction

EdgeCore Digital Infrastructure has secured $1.5 billion in financing to build two fully leased hyperscale data centers in Sterling, Loudoun County, Virginia. These facilities will encompass 685,000 square feet and support a cumulative 114 megawatts of critical load. Initial occupancy for the first building is scheduled for November 2026, with the second following in July 2027.

4/22/2026
Data Centers and proposed upside in tax revenue verses energy demands and future job displacement
News ClipNPR Illinois·Springfield, Sangamon County, IL

Data Centers and proposed upside in tax revenue verses energy demands and future job displacement

Don Hanrahan from the Coalition for Springfield's Utility Future is urging the Sangamon County Board to enact a moratorium on a proposed 600-megawatt CyrusOne hyperscale data center. He argues that the project poses significant environmental (noise, water), health, and economic risks, including potential job displacement, while the developer has not provided sufficient information for due diligence. Hanrahan emphasizes the board's obligation to deny the permit if it adversely affects residents' health and welfare.

3/22/2026
Could AES’ buyer increase electric bills to support data centers?
News ClipMirror Indy·Indianapolis, Marion County, IN

Could AES’ buyer increase electric bills to support data centers?

Residents in Indianapolis are concerned about potential electricity rate increases due to a pending sale of AES Corporation to an investor group, BlackRock, which has ties to data center developer Sabey Data Centers. Sabey is seeking approval for a large data center in Decatur Township, and residents fear BlackRock will leverage its ownership of AES Indiana to subsidize Sabey's infrastructure costs.

3/17/2026