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Deep & Emerging Tech·August 17, 2026·1 min read

Sources: Meta and BlackRock's $14B El Paso data center project is not insured against total loss, exposing lenders to credit risks and big potential liabilities

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A $14B, gigawatt-scale data center reportedly lacking total-loss insurance shows how AI-era infrastructure is outrunning traditional risk markets. If you’re financing or building hyperscale campuses, you now have to underwrite more of the tail risk yourself—bake that into capital structure, covenants, and partner selection.