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444 Banks Line Up $18 Billion Loan for Stargate Data Center

The Information
Miles Kruppa @ The Information · 11/07/2025 16:19 EDT

Banks Line Up $18 Billion Loan for Stargate Data Center

Banks including Sumitomo Mitsui Banking Corp., BNP Paribas, Goldman Sachs and Mitsubishi UFJ Financial Group are providing a roughly $18 billion loan to the developers of a New Mexico data center for OpenAI’s Stargate project, said a person familiar with the deal. The loan would add to a long ...

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