JPMorgan and Japanese bank reportedly in talks to fund $22bn Texas data centre

JPMorgan Chase & Co (NYSE:JPM, ETR:CMC) and Japan's Mitsubishi UFJ Financial Group are reportedly in discussions to underwrite a US$22 billion loan for a major data centre development in Texas, according to the Financial Times. The facility is planned by Vantage Data Centers, a digital infrastructure firm backed by private equity group Silver Lake and investment manager DigitalBridge.