Cash Flow from Investing when capitalize interest expense

[Frank Jiang]

When you capitalize construction interest expense, you increase the
asset, then depreciate it over the years. From a journal entry point
of view, A = L + E. Do you increase Equity, or reduce another
Asset(cash in this case)?

The reason I am asking is to figure out if C.I. will cause cash flow
from investing to reduce by the same amount of C.I.?