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Morgan Stanley has invested in and financed multiple large-scale data center projects in Texas, leveraging the state's competitive energy costs and infrastructure advantages.
April 29, 2026
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2,600 GW Stuck in Queue. The Winners Build Their Own Power.
Core Scientific is converting its Pecos campus into a 1.5 GW AI complex with roughly 1 GW for lease, financed by $3.3 billion in senior secured notes on top of a $1 billion Morgan Stanley facility.
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Matt Landek
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