Nexus Data Centers is aiming to secure a $15 billion bridge loan to fund the expansion of its Apex DFW campus in Hubbard, Texas, positioning the project among the largest single-site financings in data center history. This sprawling 2,000-acre development south of Dallas-Fort Worth is set to cater specifically to the soaring demand for AI computing power.
A Hyperscale Campus with Gigawatt Ambitions
The initial phase of the Hubbard campus targets 600 to 612 megawatts of capacity, enough to power the equivalent of over 450,000 American homes. Yet Nexus’ vision extends far beyond this, with plans to scale up to multiple gigawatts over time. The campus will stand out for its self-sufficient power infrastructure powered by natural gas, sidestepping traditional utility interconnection delays by generating its own energy on-site.
According to permit filings submitted in June 2026, a $400 million data center building was already under construction at the start of the year, marking just the beginning of the multi-billion-dollar project. The focus on natural gas power generation reflects a strategic decision to maintain control over energy supply amid rising grid congestion and energy costs.
Strategic Partners and AI Industry Connections
Backing the ambitious project, Nexus secured a strategic equity investment from Transition Equity Partners in late 2025, aimed at accelerating gigawatt-scale data center builds. The campus has also attracted interest from major AI players. Anthropic, known for its Claude AI models, is reportedly considering tenancy, while Google appears as a potential financial partner, underscoring the strong industry alignment fueling this expansion.
This massive investment signals how hyperscale data centers are rapidly evolving to meet the needs of AI workloads that outpace traditional cloud infrastructure. Nexus’s approach of combining cutting-edge compute capacity with its own power generation may set a new standard for future developments in the sector.
This material is for informational purposes and does not constitute financial advice.
