QTS Data Centers
Company
Data Center Operators
Blackstone's data-center arm — the largest private development pipeline in the US.
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Acquired by Blackstone in 2021 for ~$10B, QTS grew into one of the biggest hyperscale developers with a development pipeline measured in gigawatts across Atlanta, Phoenix, Virginia and beyond — private equity's flagship AI infrastructure bet.
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Record reviewed as of 2026-01-15 — see Methodology.