12:14 PM EDT, 10/03/2025 (MT Newswires) -- EdgeConnex, the EQT (EQT) backed data center operator, has engaged Morgan Stanley ( MS ) to evaluate financing options to support its European expansion, Bloomberg reported Friday, citing sources familiar with the matter.

The company is exploring financing via debt secured by its European units, through either asset-backed securities or private debt offerings, according to the report.

The decision follows a surge in data center investments fueled by growing demand for computing power and storage from the rapid rise of artificial intelligence, the report said.

EQT, Morgan Stanley ( MS ) didn't immediately respond to a request for comment from MT Newswires.

(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.)

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