Five project companies issued $15.18B in debt for 1.43GW of data centers
FinanceYF5 · x · 2026-08-19
The data center side uses project financing: five project companies issued roughly $15.18B in debt to build 1.43GW across Lake Mariner, Barber Lake, Abernathy, River Bend and Meridian Arc.
Institutional capital comes in upfront, future rents service the debt, and Google provides conditional support on part of the rents.
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