Noesion Radarnoesion.ai
Release2026-08-31

Nscale closed $3 billion in delayed draw term loans for two AI campuses. One facility in Ward County, Texas received up to $1.85 billion. The other in Madison, North Carolina received up to $1.2 billion. Both loans carry investment-grade ratings with stable outlooks. The Ward County site will deploy NVIDIA GB300 and VR200 systems for 200 MW of IT load. The Madison site will retrofit a 96-acre colocation campus for 40 MW of IT load. J.P. Morgan and Goldman Sachs jointly led both facilities. J.P. Morgan led the Ward County arrangement. Goldman Sachs led the Madison arrangement.

What it unlocks

Funding GPU infrastructure and associated equipment for AI deployments at two new campuses.

  • $3B total financing
  • $1.85B for Ward County, Texas
  • $1.2B for Madison, North Carolina
  • 200 MW IT load capacity (Ward County)

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