JPMorgan → Crusoe: $7.1B funds & debt
JPMorgan: $7.1 billion for Stargate Abilene. A JPMorgan-led consortium lends $7.1 billion for the second phase of the 1.2 GW Abilene campus (Blue Owl, Crusoe, Primary Digital JV), leased to Oracle for OpenAI.
This deal is 76% of everything JPMorgan pays and 25% of everything Crusoe receives in this database.
- Date
- May 22, 2025
- Paid by
JPMorgan- Received by
Crusoe- Type
- Funds & debt
- Amount
- $7.1B
- Status
- closed
- Note
- phase 2 construction loan
Sources
All deals between JPMorgan and Crusoe
- Jan 15, 2025 JPMorgan → Crusoe · JPMorgan finances Abilene, phase 1 $2.3B
- May 22, 2025 JPMorgan → Crusoe · JPMorgan: $7.1 billion for Stargate Abilene $7.1B
More JPMorgan / Crusoe deals
- Sep 17, 2026 Crusoe raises $3.9 billion at about $31 billion valuation $3.9B
- May 21, 2025 Crusoe, Blue Owl and Primary Digital: $15 billion for Abilene $15B