{"id":281829,"date":"2026-02-09T07:37:10","date_gmt":"2026-02-09T07:37:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/281829\/"},"modified":"2026-02-09T07:37:10","modified_gmt":"2026-02-09T07:37:10","slug":"australian-ai-infrastructure-developer-firmus-lands-10-billion-debt-package-from-blackstone-coatue","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/281829\/","title":{"rendered":"Australian AI infrastructure developer Firmus lands $10 billion debt package from Blackstone, Coatue"},"content":{"rendered":"\n<p class=\"yf-vbsvxt\">By Scott Murdoch<\/p>\n<p class=\"yf-vbsvxt\">SYDNEY, Feb 9 (Reuters) &#8211; Australian <a href=\"https:\/\/tech.yahoo.com\/ai\/\" data-ylk=\"slk:artificial intelligence;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">artificial intelligence<\/a> company Firmus said on Monday \u200bit had finalised a $10 billion debt funding \u200cpackage led by global private equity firm Blackstone (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/BX\" data-ylk=\"slk:BX;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">BX<\/a>) and Coatue \u200cManagement, a New York-based technology investor.<\/p>\n<p class=\"yf-vbsvxt\">Firmus said the funding would be used to build the next phase of its Project Southgate, the company&#8217;s initiative \u2060to develop AI \u200ctraining and inference infrastructure, which includes data centres, across Australia.<\/p>\n<p>        <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/02\/b02fa450-0579-11f1-96ff-58da3aefcf87.jpeg\" alt=\"SYDNEY, AUSTRALIA - MAY 5, 2018: Corporate headquarters of ASX Australian Stock Exchange at 20 Bridge Street in Sydney NSW Australia.\" loading=\"eager\" height=\"638\" width=\"960\" class=\"yf-lglytj  loaded\"\/> SYDNEY, AUSTRALIA &#8211; MAY 5, 2018: Corporate headquarters of ASX Australian Stock Exchange at 20 Bridge Street in Sydney NSW Australia.  \u00b7 EyeOfPaul via Getty Images    <\/p>\n<p class=\"yf-vbsvxt\">The initiative, done in \u200dcollaboration with CDC Data Centres and U.S. chip giant <a href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\/\" data-ylk=\"slk:Nvidia;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a> is expected to reach a capacity of up \u200bto 1.6 gigawatts over the next three years.<\/p>\n<p class=\"yf-vbsvxt\">&#8220;The \u200cpicks and shovels powering the AI revolution are one of our highest conviction investment themes, and we are excited to finance Firmus&#8217; continued growth,&#8221; said John Watson, a senior managing director \u2060in Blackstone&#8217;s Tactical Opportunities Group.<\/p>\n<p class=\"yf-vbsvxt\">&#8220;AI \u200bis driving one of the \u200bmost significant infrastructure build-outs in decades, and we believe Australia can play a central \u200drole in \u2060that transformation.&#8221;<\/p>\n<p class=\"yf-vbsvxt\">Firmus raised A$830 million ($582.41 million) in two separate equity placements last year that were \u2060backed by Nvidia and Australian investor Ellerston Capital, Reuters \u200creported.<\/p>\n<p class=\"yf-vbsvxt\">($1 = 1.4251 Australian dollars)<\/p>\n<p class=\"yf-vbsvxt\">(Reporting by Scott Murdoch; \u200cEditing by Sonali Paul)<\/p>\n","protected":false},"excerpt":{"rendered":"By Scott Murdoch SYDNEY, Feb 9 (Reuters) &#8211; Australian artificial intelligence company Firmus said on Monday \u200bit had&hellip;\n","protected":false},"author":2,"featured_media":281830,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,6883,343,344,144837,144833,58857,144834,82641,85,46,46885,144836,144838,125,144835],"class_list":{"0":"post-281829","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-ai-revolution","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-australian-investor","13":"tag-australian-stock-exchange","14":"tag-blackstone","15":"tag-coatue-management","16":"tag-firmus","17":"tag-il","18":"tag-israel","19":"tag-private-equity-firm","20":"tag-scott-murdoch","21":"tag-sydney-nsw-australia","22":"tag-technology","23":"tag-technology-investor"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/281829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=281829"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/281829\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/281830"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=281829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=281829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=281829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}