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USS agrees up to £250 million investment in Blackstone's £10 billion UK data centre campus

The plans will redevelop the former BritishVolt gigafactory site
Blackstone's QTS wants to build a circa 5.8 million-square-foot data centre campus outside of Newcastle. (Getty Images/iStockphoto)
Blackstone's QTS wants to build a circa 5.8 million-square-foot data centre campus outside of Newcastle. (Getty Images/iStockphoto)
CoStar News
May 12, 2025 | 10:09 AM

The Universities Superannuation Scheme, the UK's largest private sector pension fund, has agreed to invest up to £250 million in Blackstone's proposed £10 billion redevelopment of the former BritishVolt site in Cambois in the north of England.

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