--- title: A $1.3bn loan will help build a Texas data centre for... description: Eagle Point Credit Management is providing a $1.3bn mezzanine loan as part of a roughly $16bn project-finance package for Nexus Data Centers to build a... canonical: https://daily.dev/posts/a-1-3bn-loan-will-help-build-a-texas-data-centre-for-anthropic-gdihwn2zx twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: A $1.3bn loan will help build a Texas data centre for Anthropic | daily.dev og:description: Eagle Point Credit Management is providing a $1.3bn mezzanine loan as part of a roughly $16bn project-finance package for Nexus Data Centers to build a... og:url: https://daily.dev/posts/a-1-3bn-loan-will-help-build-a-texas-data-centre-for-anthropic-gdihwn2zx og:image: https://api.daily.dev/og/posts/Gdihwn2ZX.png og:image:alt: A $1.3bn loan will help build a Texas data centre for Anthropic og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # A $1.3bn loan will help build a Texas data centre for Anthropic **[The Next Web](https://daily.dev/sources/tnw)** · 5 min read · 0 upvotes · 0 comments ## Summary Eagle Point Credit Management is providing a $1.3bn mezzanine loan as part of a roughly $16bn project-finance package for Nexus Data Centers to build a 2,900-acre AI data-centre campus in Hubbard, Texas, with Anthropic as the primary tenant. Banks led by Morgan Stanley cover about $15bn of senior debt, which Google has agreed to guarantee. The campus will run on its own gas-fired power plant rather than drawing from the grid. Nexus may later sell high-yield bonds to refinance the senior portion, a step that would require a credit rating. The deal adds to a growing pile of debt financing the AI data-centre boom, alongside deals like Blue Owl's $5.9bn loan, as some Texas officials raise concerns about strain on power and water resources. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much is Eagle Point lending toward the Anthropic data center in Texas and what role does Google play? Eagle Point Credit Management is providing about $1.3bn in mezzanine financing, part of a roughly $16bn project-finance package for Nexus Data Centers' 2,900-acre Hubbard, Texas campus. Anthropic is the primary tenant. Banks led by Morgan Stanley provide about $15bn in senior debt, which Google has agreed to guarantee, reducing risk for lenders on that portion. _Track how AI labs like Anthropic finance and secure compute capacity by following infrastructure deals on daily.dev._ ### What is a HoldCo mezzanine loan in a data center financing deal? A HoldCo mezzanine loan is a layer of debt that sits below the senior debt in a project's capital structure, carrying more risk and typically paying a higher return. In the Nexus Hubbard campus deal, Eagle Point's $1.3bn HoldCo loan completed the capital structure for the first phase, letting Nexus reach a final investment decision, while a separate $15bn senior tranche is guaranteed by Google. _Developers evaluating AI infrastructure funding models can follow deal structures like this on daily.dev._ ## Similar posts on daily.dev - [Anthropic announces $50 billion data center plan](https://daily.dev/posts/anthropic-announces-50-billion-data-center-plan-ng6rsolgd) · TechCrunch · 0 upvotes · 0 comments - [Meta is raising $13bn for one Texas data centre, a new ceiling for single-site AI financings](https://daily.dev/posts/meta-is-raising-13bn-for-one-texas-data-centre-a-new-ceiling-for-single-site-ai-financings-nq0faqocq) · The Next Web · 0 upvotes · 0 comments - [Broadcom seeks more than $60bn in debt to fund AI chips for Anthropic](https://daily.dev/posts/broadcom-seeks-more-than-60bn-in-debt-to-fund-ai-chips-for-anthropic-ljrokbpqa) · The Next Web · 1 upvotes · 0 comments --- Tags: [#google](https://daily.dev/tags/google), [#anthropic](https://daily.dev/tags/anthropic), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure) [View this post on daily.dev](https://daily.dev/posts/a-1-3bn-loan-will-help-build-a-texas-data-centre-for-anthropic-gdihwn2zx) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"A $1.3bn loan will help build a Texas data centre for Anthropic","url":"https://daily.dev/posts/a-1-3bn-loan-will-help-build-a-texas-data-centre-for-anthropic-gdihwn2zx","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/a-1-3bn-loan-will-help-build-a-texas-data-centre-for-anthropic-gdihwn2zx"},"datePublished":"2026-08-20T11:51:31.594Z","dateModified":"2026-08-20T11:51:54.612Z","description":"Eagle Point Credit Management is providing a $1.3bn mezzanine loan as part of a roughly $16bn project-finance package for Nexus Data Centers to build a...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/9b986231fdcabbb9088ac4f8adf6462b?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/9b986231fdcabbb9088ac4f8adf6462b?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/a-1-3bn-loan-will-help-build-a-texas-data-centre-for-anthropic-gdihwn2zx","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"google,anthropic,ai-infrastructure","timeRequired":"PT5M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"A $1.3bn loan will help build a Texas data centre for Anthropic"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/a-1-3bn-loan-will-help-build-a-texas-data-centre-for-anthropic-gdihwn2zx#faq","mainEntity":[{"@type":"Question","name":"How much is Eagle Point lending toward the Anthropic data center in Texas and what role does Google play?","acceptedAnswer":{"@type":"Answer","text":"Eagle Point Credit Management is providing about $1.3bn in mezzanine financing, part of a roughly $16bn project-finance package for Nexus Data Centers' 2,900-acre Hubbard, Texas campus. Anthropic is the primary tenant. Banks led by Morgan Stanley provide about $15bn in senior debt, which Google has agreed to guarantee, reducing risk for lenders on that portion. Track how AI labs like Anthropic finance and secure compute capacity by following infrastructure deals on daily.dev."}},{"@type":"Question","name":"What is a HoldCo mezzanine loan in a data center financing deal?","acceptedAnswer":{"@type":"Answer","text":"A HoldCo mezzanine loan is a layer of debt that sits below the senior debt in a project's capital structure, carrying more risk and typically paying a higher return. In the Nexus Hubbard campus deal, Eagle Point's $1.3bn HoldCo loan completed the capital structure for the first phase, letting Nexus reach a final investment decision, while a separate $15bn senior tranche is guaranteed by Google. Developers evaluating AI infrastructure funding models can follow deal structures like this on daily.dev."}}]} ```