Blue Owl-Tied Data Center Gets $7.1 Billion in Financing

A consortium led by JPMorgan Chase & Co. is providing a $7.1 billion construction loan for a massive AI data center project in Abilene, Texas.

The loan will fund the second phase of a $15 billion joint venture to fund the 1.2-gigawatt data center that’s being developed by Blue Owl Capital Inc., Crusoe and Primary Digital Infrastructure, according to a statement Thursday.