Home/Deal Room/Rowan closes nearly $3B green financing for Temple AI data-center campus

Financing · Evidence brief

Rowan closes nearly $3B green financing for Temple AI data-center campus

Rowan Digital Infrastructure + institutional lenders + Quinbrook + Blackstone

Near-primary sourcePress release only2026-05-28
Deal structureGreen debt financing / hyperscale data-center campus construction
GeographyTemple, Texas / Bell County
Infrastructure layersFinancing + data centers + power infrastructure
Disclosed scaleNearly $3B of debt financing to support construction of Rowan’s 300 MW turnkey Project Temple data-center campus in Bell County, Texas

Why it matters

The strategic read

Adds another large Texas AI data-center financing receipt where the scarce asset is powered land plus construction capital. Rowan already says Project Temple serves a top global technology company, has power secured through Oncor, and is expected online in 2027; the new financing turns that 300 MW campus from development pipeline into funded buildout.

Source-supported terms

What was disclosed

  1. 01

    Rowan Digital Infrastructure secured nearly $3B in debt financing for its turnkey Project Temple data-center campus.

  2. 02

    The financing supports a 300 MW development in Temple, Texas, on a roughly 700-acre site in Bell County.

  3. 03

    Rowan said the transaction is the largest financing in the company’s history.

  4. 04

    The financing was completed under Rowan’s Green Finance Framework and brings total financing secured under that framework to $4.4B across three projects in the past year.

  5. 05

    Rowan broke ground on Project Temple earlier in 2026, and the campus is expected to go live in 2027.

  6. 06

    Rowan’s January project announcement said Project Temple will serve a top global technology company as a long-term customer.

  7. 07

    Rowan said power for Project Temple is secured through a partnership with Oncor.

  8. 08

    Rowan is backed by Quinbrook, and Blackstone acquired a significant minority stake in Rowan in 2026 to support capacity expansion for hyperscale customers.

Disclosure boundary

What is known—and what is not

Near-primary trade report based on Rowan announcement, cross-checked against Rowan project materials. Full financing documents, lender allocations, loan pricing, customer identity, lease economics, Oncor power terms, construction contracts and phase-level delivery milestones are not fully public.