06:53 AM EDT, 09/15/2025 (MT Newswires) -- Blackrock ( BLK ) is set to unveil plans for a 500 million pounds ($679.9 million) investment in UK data centres next week during President Trump's state visit, Sky News reported Saturday.

According to the report, BlackRock ( BLK ) will partner with Digital Gravity Partners to acquire and modernize existing data centres.

The move is part of a broader UK government effort to position the country as a prime destination for foreign investment, with several major deals expected next week across energy, finance, and technology sectors, Sources told Sky News sources.

BlackRock ( BLK ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)