Eagle Point Lends $1.3bn for an Anthropic Data Center

Eagle Point lends $1.3bn for an Anthropic data center

An investment firm is lending about $1.3bn to help build a giant AI data centre in Texas that will house Anthropic. It is one of the latest jumbo deals fuelling the AI boom. Eagle Point Credit Management is providing the loan, Bloomberg reported. The loan is one slice of a much larger deal. It sits […] This story continues at The Next Web

Anthropic-Tied Data Center Inks $1.3 Billion Private Credit Loan

Eagle Point Credit Management LLC is providing a roughly $1.3 billion private credit loan for a sprawling AI data center in Texas tied to Anthropic PBC, giving the investment firm a key role in one of the latest jumbo financings fueling the artificial intelligence boom.

Eagle Point leads $1.3bn private credit loan for Texas data centre

Eagle Point Credit Management is providing about $1.3bn of private credit financing for a major artificial intelligence data centre in Texas that is set to be anchored by Anthropic, according to a report by Bloomberg. The mezzanine facility forms part of a much larger $16bn project financing package for Nexus Data Centers’ planned 2,900-acre campus in Hubbard, around 70 miles south of Dallas, according to a person familiar with the transaction. …

Nexus Data Center Project in Hubbard, Texas Reaches FID as Construction Advances

Nexus Data Centers has reached a Final Investment Decision (FID) for the first phase of its multi-phase data center and behind-the-meter power generation campus in Hubbard, Texas, after securing new financing led by Eagle Point Credit Management. The financing completed the capital structure for the project’s first phase, enabling Nexus to reach FID and marking […] The post Nexus Data Center Project in Hubbard, Texas Reaches FID as Construction …

Eagle Point Leads HoldCo Financing for Nexus AI Data Center Campus in Texas

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Management LLC (“Eagle Point”), an innovative private credit investment manager, today announced it served as lead investor in a new HoldCo loan to a subsidiary of Nexus Data Centers, LLC (“Nexus”). Eagle Point’s financing helped complete the capital structure for Nexus’s first phase of its multi-phase data center and behind-the-meter power generation campus in Hubbard, Texas, enabling Nexus …