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Crusoe Abilene JV (Blue Owl, Primary Digital) phase 2 construction loan
Project loan for Crusoe Abilene JV, US$7.1bn, 22 May 2025.
Key terms
- Borrower or issuer
- Crusoe Abilene JV
- Date
- 22 May 2025
- Structure
- Project loan
- Amount
- US$7.1bn
- Pricing
- Not disclosed
- Tenor
- Not disclosed
Recorded terms
- Lender type
- Bank loansNamed lender: JPMorgan (lead)
- Tenor
- Not disclosed
- Security
- Project assets
- Lenders and arrangers
- JPMorgan (lead); Newmark (arranger); JPMorgan-led consortium; Newmark arranged the US$7.1bn phase 2 loan
- Tenant or offtaker
- Oracle (for OpenAI Stargate); 1.2GW campus
Parties
Related facilities
Similar financings
Same structure, other borrowers, closest in date.
More from Crusoe Abilene JV
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Sources
- Crusoe Abilene JV (Blue Owl, Primary Digital) phase 2 construction loanSource date: 22 May 2025
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
