Related Digital Announces $16 Billion Oracle Data Center Financing in Saline Township, Michigan

Related Digital and Blackstone announced on April 24, 2026, that financing has been secured for a $16 billion data center campus in Saline Township, Michigan, purpose-built for Oracle.

The financing includes equity from Related Digital and funds affiliated with Blackstone, along with fixed-rate, long-term debt financing anchored by PIMCO-managed funds and accounts. Bank of America served as structuring agent and financial advisor, with Goldman Sachs and Wells Fargo also serving as advisors to Related Digital.

The project will deliver significant community benefits, including 2,500+ union construction jobs, 450+ jobs onsite, and 1,500+ jobs county-wide. It is expected to generate millions in new annual tax revenues to support Saline Township, Washtenaw County, and Michigan schools.

Additional community investments include $14 million in direct benefits for the local fire department and preservation of over 750 acres of open space, farmland, and wetlands. The development will utilize a closed-loop system designed to protect Michigan’s water resources.

In October 2025, OpenAI, Oracle, and Related Digital announced the initiative as part of their broader Stargate effort to expand U.S. AI infrastructure capacity, with plans for a data center campus exceeding one gigawatt in power capacity.

Full construction in Saline Township commenced in February 2026, and the financing announcement marks a major milestone in the project’s development timeline.