Newmark Arranges Record $7.1B Loan for 1.2-Gigawatt AI Data Center in $15B Texas Project

Cloudburst Scoping Hays County for Data Center - Connect CRE

Cloudburst plans to build a data center on a 96-acre site at 2955 Francis Harris Lane just outside the City of New Braunfels. Community Impact reports that, since the state told the developer they could not tap into area power lines, the data center is expected to be powered by an on-site, behind-the-meter natural gas-fired power plant. CloudBurst signed a contract with Energy Transfer to provide up to 450,000 MMBtu, or million British thermal u…

Crusoe and partners begin second phase of $15bn AI data centre

Crusoe, Blue Owl Capital, and Primary Digital Infrastructure have launched the second phase of their $15bn JA to develop a 1.2GW AI data centre in Abilene, Texas.

JP Morgan Lends $7B on Oracle-Leased Texas Data Center Development

The power of data centers continues to strike a chord in 2025.  A joint venture between Blue Owl Capital, Crusoe and Primary Digital Infrastructure has sealed a $7.1 billion construction financing from a consortium led by J.P. Morgan Chase for the second phase of a 1.2-gigawatt artificial intelligence data center in Abilene, Texas, leased to Oracle.  The massive balance sheet deal — finalized Wednesday — closed four months after J.P. Morgan supp…

Newmark Arranges Record $7.1B Loan for 1.2-Gigawatt AI Data Center in $15B Texas Project

Landmark $7.1B construction financing secured for next-gen AI infrastructure development. Discover how this Texas megaproject will reshape digital infrastructure. Learn more.