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Nexus Data Centers seeks $15B loan for Texas campus expansion
['Editorial Team']
News Archives - Crypto Briefing
The Texas-based developer is chasing one of the largest data center financing deals ever to build an AI-focused hyperscale campus south of Dallas-Fort WorthFifteen billion dollars is a lot of money.
And it’s what Nexus Data Centers wants to borrow to build a single data center campus in rural Texas.
If the deal closes, it would rank among the largest single-project financings in data center history, underscoring just how aggressively the industry is scaling to meet AI-driven compute demand.
What Nexus is actually buildingThe Hubbard campus is designed to be a hyperscale facility powered by natural gas.
Microsoft, Amazon, and Google have all been increasing their direct capital commitments to data center development over the past two years.