Report: JPMorgan Chase and MUFG lead a consortium providing over $20 billion in loans for a data center campus in Texas.

Bloomberg cited sources as saying that JPMorgan and Mitsubishi UFJ Financial Group are leading a loan of over $22 billion to support the construction of a large data center campus as part of the Vantage Data Center project. These banks, along with BNP Paribas, Goldman Sachs, Societe Generale, Sumitomo Mitsui Banking Corporation, and Bank of America, among other banks, have underwritten this infrastructure loan. The total loan amount is approximately $23 billion, but the final size has yet to be determined as project costs are still being calculated. Silver Lake Management and DigitalBridge Group Inc. have also committed to investing $3 billion in the project.