Blackstone today confirmed it will invest €4 billion in the development of a hyperscale data center campus near Lippetal, Germany, according to Handelsblatt sources. The project, slated to break ground in Q3 2026, will encompass 300 megawatts of IT load capacity across multiple phases. Blackstone has secured long-term power purchase agreements with regional utilities to support the facility’s estimated annual consumption of 250 gigawatt-hours. Construction is expected to span 24 months, with first deliveries to enterprise and cloud customers targeted for early 2028. This transaction marks Blackstone’s largest direct data-center investment in Europe to date and underscores its strategy to capitalize on surging demand for edge computing infrastructure.

Blackstone-backed Liftoff Mobile filed its initial S-1 registration on Tuesday, kicking off a proposed $400 million initial public offering, as per Renaissance Capital whisper estimates. Formed in 2021 through Blackstone’s merger of Liftoff and Vungle, the mobile-app marketing platform reported €476 million ($519 million) in 2025 revenue and a net loss of $45 million (€41 million). The balance sheet carries €1.7 billion ($1.85 billion) of debt, which the company plans to pare down with IPO proceeds. Post-offering, Blackstone will retain majority ownership and has lined up Goldman Sachs, Jefferies and Morgan Stanley as joint bookrunners alongside a syndicate of 12 additional banks. Liftoff claims its client base includes 140,000 apps globally, reinforcing Blackstone’s strategy of driving value in technology-enabled services through public exits.