Article

Blackstone Inc. is contemplating a larger financial role in Oracle Corp.'s data center project in Saline Township, Michigan. This consideration comes as other investors express concerns about risks related to the project, particularly following Oracle's stock decline and increased costs to insure its debt against default.

Blackstone is exploring both equity and debt investments to strengthen the financing plan, with Bank of America Corp. leading efforts to raise approximately $14 billion in debt for the project. Oracle is utilizing an off-balance sheet arrangement similar to previous projects in other states. Despite a 1.3% decline in Blackstone's shares, institutional investors maintain strong confidence, holding 69.1% of the company’s shares.