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Oracle data centers in Wisconsin and Texas to receive $38 billion debt - Bloomberg

Published 04/09/2025, 22:56
Oracle data centers in Wisconsin and Texas to receive $38 billion debt - Bloomberg
JPM
1.69%
ORCL
1.27%
MUFG
-0.19%

Investing.com -- JPMorgan Chase & Co. (NYSE:JPM) and Mitsubishi UFJ Financial Group Inc. (NYSE:MUFG) are leading a $38 billion debt package to fund data centers linked to Oracle Corp. (NYSE:ORCL) in Wisconsin and Texas.

The financing includes a previously committed $23 billion loan for the campus in Shackelford County, Texas, according to Bloomberg, citing people familiar with the matter.

Both facilities will be developed by Vantage Data Centers and would be used by Oracle to power OpenAI operations, sources with knowledge of the matter said.

While Oracle has confirmed plans to use the Texas location, discussions regarding the Port Washington, Wisconsin campus have not yet been finalized, according to some of the people involved in the confidential discussions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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