US Nexus Data Center Submits $400 Million Dallas Data Center Project Application
2026-06-28 13:57
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en.Wedoany.com Reported - Nexus Data Centers has submitted an application to the Texas Department of Licensing and Regulation for a data center project at 357 HCR 3372 in Hubbard City, Hill County. The project, named Nexus – Apex DFW HB1, covers 491,380 square feet (45,650 square meters) with a total investment of $400 million. Construction is scheduled from January 2026 to October 2027.

Hubbard is located south of the Dallas-Fort Worth metropolitan area and northeast of Waco. Nexus Data Centers is backed by Transition Equity Partners, a North American private equity firm focused on energy transition infrastructure. The company was previously reported in December to be planning a 600-megawatt natural gas-powered data center project in Hubbard. According to reports, Google is providing financial support for the project, which is expected to serve Anthropic. In March, Nexus Apex Holdings secured two senior secured credit facilities from Eagle Point Credit Management to support a 2,900-acre data center and behind-the-meter energy park. Nexus Data Centers was founded in 2020 and is funded by Transition Equity Partners, a North American private equity firm specializing in energy transition infrastructure.

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