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The joint venture of Blue Owl Capital, Crusoe Energy Systems and Primary Digital Infrastructure has obtained a $2.3 billion loan to capitalize a 206 megawatt build-to-suit data center development in Abilene, Texas. J.P. Morgan provided the note in a Newmark-brokered deal.

The three companies formed the $3.4 billion joint venture in October. Funds managed by Blue Owl’s Real Estate division and Primary Digital Infrastructure will jointly finance the 998,000-square-foot, two-building data center, which is being designed, developed and operated by Crusoe.