Texas grid audit stalls $5B-$7B bond sale for Anthropic data center
Photo: Crypto Briefing
A recent Bloomberg report highlights that a grid audit by Texas state authorities, rather than investor demand for artificial intelligence, is delaying a significant refinancing effort for an Anthropic -leased data center campus in Texas. The delay impacts a planned $5 billion to $7 billion bond sale intended to refinance the campus developed by Nexus Data Centers. The audit is part of a broader review initiated by Texas Governor Greg Abbott , halting approvals for new data centers while the Electric Reliability Council of Texas (ERCOT) assesses the infrastructure’s impact on the power grid.
Source: Crypto Briefing
