# The Carlyle Group Data Center Capex and Sites
Source: https://savrn.com/data-center-capital-atlas/company/carlyle
Markdown alternate of the page above; the site index is https://savrn.com/llms.txt

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Named sites

2

Site-level commitments the atlas ties to The Carlyle Group

Disclosed site capital

$2.0B

Sum of named sites with a stated dollar figure. Not a capex total; see the spending table

Disclosed capacity

3,000 MW

Sum of named sites with a stated megawatt figure

Financing transactions

3

Transactions naming The Carlyle Group or tied to one of its sites

Spending

## Reported and guided spending

Audited, reported and guided figures as the filing or release states them. Reported lines are what was spent; guidance is what management said it expects. They are shown side by side and never combined.

| Period | Kind | Amount | As stated | Sources |
| --- | --- | --- | --- | --- |
| 2025-2026 disclosure | aum | ~$477B | AUM of $477 billion; 2025 distributable earnings of approximately $1.7 billion on $4.8 billion of revenue |  |
| cumulative into Copia | reported | ~$2.0B | roughly $2 billion invested in Copia's 20,000-acre site west of Phoenix with 1.5GW of solar, in a market Carlyle sizes at $800-900 billion |  |

Named sites

## Where The Carlyle Group builds

Arizona

1 site · $2.0B disclosed

Open the Arizona investment tracker →

Texas

1 site

Open the Texas investment tracker →

| Site | State | Place | Capital | MW | Status | Sources |
| --- | --- | --- | --- | --- | --- | --- |
| Copia Power site west of Phoenix | [Arizona](https://savrn.com/data-center-capital-atlas/arizona) | n.a. | ~$2.0B | n.a. | construction |  |
| US Army hyperscale program at Fort Bliss (Carlyle)with U.S. Army | [Texas](https://savrn.com/data-center-capital-atlas/texas) | El Paso | n.a. | 3,000 | announced |  |

Financing

## Financing transactions

Transactions that name The Carlyle Group as a party or attach to one of its named sites. Amounts are as stated; overlapping commitments are never summed.

| Parties | Instrument | Amount | Date | Site | Sources |
| --- | --- | --- | --- | --- | --- |
| CoreWeave + Blackstone + Magnetar + Coatue + Carlyle + CDPQ + BlackRock + DigitalBridgeBlackstone-led delayed-draw term loan with Magnetar, Coatue, Carlyle, CDPQ, BlackRock and DigitalBridge participating. | debt facility | $7.5B | May 17, 2024 | n.a. |  |
| Carlyle (seller) + EQTCarlyle agreed to sell its power and AI infrastructure platform Copia Power to EQT. | acquisition | ≥$2.6B | completion expected by the end of 2026 | Copia Power site west of Phoenix (AZ) |  |
| Bharti Airtel + CarlyleCarlyle participated in the fund raise for Bharti Airtel's Nxtra data center business. | equity raise | $1.0B | announced March 30, 2026 | n.a. |  |

The record

## Sourced facts on The Carlyle Group

- Copia Power holds more than 20 gigawatts of thermal and renewable generation opportunities, 9 gigawatts of data center opportunities across its campus portfolio, and has brought 2.6 gigawatts into operation or construction; its broader pipeline includes over 25 GW of solar and storage and about 7 GW of natural gas.
- Carlyle participated in a $1 billion fund raise for Bharti Airtel's Nxtra data center business in India.
- Fort Bliss water and electricity use has drawn local scrutiny; no formal pause disclosed.

Sources

## Sources for The Carlyle Group

Every source cited on this page, once each. The full atlas source register is at [Capital Atlas sources](https://savrn.com/data-center-capital-atlas/sources).

- carlyle.com[Carlyle](https://www.carlyle.com/up-close-with-carlyle/powering-ai%E2%80%99s-growth-critical-infrastructure-%E2%80%99s-needed)
- irei.com[IREI](https://irei.com/news/carlyle-agrees-to-sell-its-power-and-ai-infrastructure-platform-copia-power-to-eqt/)
- army.mil[U.S. Army](https://www.army.mil/article/291360/army_reaches_conditional_agreement_with_private_industry_for_hyperscaled_data_centers)
- elpasomatters.org[El Paso Matters](https://elpasomatters.org/2026/04/30/fort-bliss-data-center-water-electricity-use-army-carlyle-group-meta-project-jupiter/)
- datacenterdynamics.com[DCD](https://www.datacenterdynamics.com/en/news/us-army-taps-carlyle-and-cyrusone-to-develop-data-centers-on-army-owned-land/)
- investors.coreweave.com[CoreWeave IR](https://investors.coreweave.com/news/news-details/2024/CoreWeave-Secures-7-5-Billion-Debt-Financing-Facility-led-by-Blackstone-and-Magnetar/default.aspx)
- blackstone.com[Blackstone](https://www.blackstone.com/news/press/coreweave-secures-7-5-billion-debt-financing-facility-led-by-blackstone-and-magnetar/)
- datacenters.economictimes.indiatimes.com[ET DataCenters](https://datacenters.economictimes.indiatimes.com/news/investments-deals/carlyle-sells-data-centre-power-platform-copia-to-eqt-for-2-6-billion/132319825)
- reuters.com[Reuters](https://www.reuters.com/world/india/indias-bharti-airtel-announces-1-billion-fund-raise-data-center-business-nxtra-2026-03-30/)

### Private equity and infrastructure: one page each

[Antin Infrastructure Partners 0](https://savrn.com/data-center-capital-atlas/company/antin)[Apollo Global Management 0](https://savrn.com/data-center-capital-atlas/company/apollo)[Ares Management 2](https://savrn.com/data-center-capital-atlas/company/ares)[BlackRock / GIP / AI Infrastructure Partnership 0](https://savrn.com/data-center-capital-atlas/company/blackrock-gip-aip)[Blackstone 5](https://savrn.com/data-center-capital-atlas/company/blackstone)[Brookfield (BAM / Brookfield Infrastructure Partners) 2](https://savrn.com/data-center-capital-atlas/company/brookfield)[Copenhagen Infrastructure Partners 1](https://savrn.com/data-center-capital-atlas/company/cip)[DigitalBridge 5](https://savrn.com/data-center-capital-atlas/company/digitalbridge)[EQT 1](https://savrn.com/data-center-capital-atlas/company/eqt)[Global Infrastructure Partners (as a distinct platform) 0](https://savrn.com/data-center-capital-atlas/company/gip)[I Squared Capital 0](https://savrn.com/data-center-capital-atlas/company/i-squared)[IPI Partners / Blue Owl 1](https://savrn.com/data-center-capital-atlas/company/ipi-blue-owl)[KKR 3](https://savrn.com/data-center-capital-atlas/company/kkr)[Macquarie Asset Management 1](https://savrn.com/data-center-capital-atlas/company/macquarie-am)[Oaktree Capital Management 1](https://savrn.com/data-center-capital-atlas/company/oaktree)[Pensions & Sovereign Wealth Funds (CalPERS, CPPIB, CDPQ/La Caisse, OTPP, PSP, ADIA, GIC, Mubadala, MGX) 0](https://savrn.com/data-center-capital-atlas/company/pensions-swfs)[Silver Lake 0](https://savrn.com/data-center-capital-atlas/company/silver-lake)[Stonepeak 2](https://savrn.com/data-center-capital-atlas/company/stonepeak)[The Carlyle Group 2](https://savrn.com/data-center-capital-atlas/company/carlyle)

The figure beside each provider is its count of named sites in the atlas.

Part of the [North American Data Center Capital Atlas](https://savrn.com/data-center-capital-atlas), refreshed every Tuesday, Thursday and Saturday. Site commitments overlap reported capital expenditure and overlap one another, so this page shows each figure as its source states it and never adds them into a single deployment number. Informational, not investment advice.

The SAVRN reference set

## Seven references, one system

Capital, delay, policy, water, grid, permits and scarcity are one system seen from seven sides. Each reference is primary-sourced, refreshed on a schedule, and links into the others, so a project can be followed from the money committed to the docket that stopped it.

Delay Watchlist

Project-level slippage: named projects, jurisdictional actions, utility and federal dockets, SEC disclosures, and the interconnection queue.

[Open the watchlist →](https://savrn.com/data-center-delay-tracker)

Moratorium Tracker

The policy layer: every state measure and local moratorium mapped and cited, with one page per state.

Open the tracker →

Water Tracker

Every federal, state, local and interstate water measure that touches a data center, plus a fifty-state water ledger.

Open the water tracker →

Grid Operator Watchlist

ERCOT, PJM, MISO, CAISO, SPP, NYISO, ISO-NE and FERC: the large-load rules, filings and queue positions that decide whether a site can energize.

Open the watchlist →

Permits and Power Development

Data center and substation permits, large loads in the interconnection queues, and the power plants planned to serve them, refreshed hourly from public records.

Open the permits tracker →

SAVRN Scarcity Tracker

Eleven primary-sourced indicators of AI infrastructure scarcity, one composite index, read against the token index, SAVRN's own cost basis and the frontier ceiling.

Open the scarcity tracker →

Have a specific address? Site Intelligence reads all seven references against one location, county, utility and grid operator included, and cites every finding.

[Check an address →](https://savrn.com/site-intelligence)
