A Texas grid audit is delaying the refinancing of a data center campus leased by Anthropic and developed by Nexus Data Centers. The planned $5 billion to $7 billion transaction was intended to be completed through high-yield bonds. As part of a review launched by Governor Greg Abbott, ERCOT is assessing the impact of data centers on the power grid, temporarily halting approvals for new facilities. The delay extends Morgan Stanley and its banking group’s exposure to the existing debt while increasing market concerns about regulatory risks facing the sector.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
