Lenders scrutinize US data center financing amid growing community opposition

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Major Wall Street lenders are revising their data center financing practices amid growing local community opposition. In the first quarter of 2026, at least 75 projects worth approximately $130 billion encountered local hurdles. A March 2026 Gallup poll reveals that 70% of Americans oppose local AI data center construction. Blackstone-backed Prince William Digital Gateway in Virginia and an El Paso facility linked to Meta, part of a $12.3 billion BlackRock bond deal, were both abandoned due to local pressure. Goldman Sachs projects that big tech companies will invest over $6 trillion in AI infrastructure by 2030.

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