Fermi: $6.5B 222 MW Lease Still Unclosed - CRE AI Briefing, Oct 3, 2026
Fermi's TensorWave lease on Project Matador is still unclosed: about $6.5 billion in expected revenue over a 15-year term for a 222 MW phase one. The lease is binding but not effective until closing, ...
3 Okt 1min
Apollo: $15B Japan Campus Needs 400 MW - CRE AI Briefing, Oct 2, 2026
Apollo is backing more than $15 billion for a Japan AI campus that taps up to 400 MW behind the meter at JERA's Chiba thermal plant, with operations targeted around 2028. Michigan's PSC locked Google ...
2 Okt 1min
Digital Realty: Megawatt Renewals Top 60% - CRE AI Briefing, Oct 1, 2026
Digital Realty told RBC that megawatt-plus renewals printed above 60% last quarter as power stays scarce, AWS surfaced as the end user on Homer City's 36-building campus tied to a 4.4 GW gas plant, an...
1 Okt 1min
Senate: AI Campuses Pay Full Transmission Costs - CRE AI Briefing, Sep 30, 2026
Senate leaders locked a bipartisan permitting deal that puts the grid upgrade bill on AI campuses. The American Affordability and Jobs Act from Sens. Heinrich, Lee, Capito, and Whitehouse would requir...
30 Sep 1min
California: Full Grid Bill on AI Campuses by Jan 2028 - CRE AI Briefing, Sep 29, 2026
California signed seven data center bills that put the full grid bill on AI campuses. Senate Bill 886 gives the CPUC until January 1, 2028 to set tariffs covering interconnection, transmission, distri...
29 Sep 1min
SoftBank: 9.75% Coupons Clear Oct 1 OpenAI Wire - CRE AI Briefing, Sep 28, 2026
SoftBank cleared about $11.1 billion of senior notes with coupons up to 9.75% to fund its final $10 billion OpenAI tranche due October 1, as the 10-year Treasury sat near 5.17% and JPMorgan still maps...
28 Sep 1min
Lambda: $500M OK Taxes on AI Campus - CRE AI Briefing, Sep 27, 2026
Lambda announced a new AI data center at MidAmerica Industrial Park in Mayes County, Oklahoma, with about $500 million in taxes over 10 years, up to 1,000 construction jobs, and a full ratepayer shiel...
27 Sep 1min
Nscale: $3.36B Convertible Pre-IPO for AI DC Buildout — CRE AI Briefing, Sep 26, 2026
Nscale closed a $3.36 billion pre-IPO convertible led by Third Point, with $2.36 billion already funded and a $1 billion Nvidia commitment due mid-November, against more than $103 billion in contracte...
26 Sep 1min
