Basis

$22.0B — JPMorgan Chase and MUFG "in talks to underwrite" a $22B loan for a Vantage Data Centers Texas megacampus — not confirmed closed

Hypothesized recipients 2

This claim's own source names no external recipient. Separate public reporting suggests some of who the money likely went to — not confirmed, not summed into the total above.

• Vantage Data Centers (datacenter construction (developer side)) → Turner Construction Company (EPC/general-contractor services (seller side))hypothesis

  Turner Construction, together with McCarthy Building Companies (as a joint venture), plus Whiting-Turner Contracting and The Weitz Company, are named contractors on Vantage's separate 'Lighthouse' Stargate campus in Port Washington, Wisconsin ($15B project, $8B first phase) -- a different Vantage project from the Texas Frontier megacampus.

• Vantage Data Centers (datacenter construction (developer side)) → Kiewit Corporationhypothesis

  Named design firm of record for Vantage's 'Frontier' megacampus (Shackelford County, TX, 1,200 acres, 10 buildings, 1.4GW, ~$25B total project cost) per a Texas Department of Licensing and Regulation filing; no dollar figure attached to Kiewit's scope. No general contractor has been publicly named for Frontier as a whole.

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