Red Oak

Dallas-Based DataBank Closes $1.45B Financing, Supports Data Center Project in Red Oak

by | Jun 16, 2026
The news follows DataBank's announcement in April that it had secured a $2 billion loan for construction of the first three of eight planned data centers at its campus in Red Oak, south of Dallas.
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DataBank Snags $2B Loan To Build First 3 of 8 Data Centers South of Dallas
by | Apr 21, 2026
According to a Business Insider report, Oracle will be the tenant for all three data centers, as well as the fourth one planned at the campus in Red Oak. Tokyo-based MUFG Bank, Ltd. was the administrative agent, coordinating lead arranger, and sole bookrunner on the $2 billion loan.
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DataBank Announces New 480MW North Texas Data Center Campus Featuring Eight Two‑Story Data Centers
by | Sep 10, 2024
DataBank is building a 480MW data center campus in Red Oak, its third new campus announced in the past 12 months. Construction is underway, with the first phase set to be operational by the second quarter of 2026, aimed at meeting the growing demand from A.I. and cloud applications.
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Google To Invest More than $1B in Texas This Year To Support Its Cloud & Data Center Infrastructure
by | Aug 15, 2024
Google's "Dallas cloud region," first announced in 2022, includes sprawling data center campuses in the North Texas cities of Midlothian and Red Oak. At a press conference in Midlothian, the company announced an additional $1 billion investment in Texas, for a total of over $2.7 billion invested in the state to date.
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Skybox Datacenters Begins Work on Massive Data Center in Southern Dallas County

by | Nov 20, 2023
"PowerCampus Dallas will raise the bar in the North Texas data center market and beyond," Skybox CEO Rob Morris said of the project in Lancaster. It's slated to provide up to 300 megawatts of power supported by a private onsite substation while offering up to one million square feet of data center space.
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Six Ellis County Organizations Receive $180K in Funding from Google
by | Nov 18, 2023

Google announced that six Ellis County organizations collectively will receive more than $180,000 from the company to support the physical and mental well-being of the county’s residents....

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$100K Google Grants Give High-Tech Boost to Two Ellis County Libraries
by | Oct 31, 2023
Libraries have always been engines of growth, enabling self-improvement through free access to information and resources. Now, thanks to Google, libraries in Midlothian and Red Oak are getting high-tech makeovers.
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Compass Datacenters and Schneider Electric Partner in Red Oak to Build Prefab Data Center Infrastructure
by | Jul 11, 2023
The companies' 110,000 square-foot "integration facility" will be built adjacent to Compass' Red Oak campus (above), creating more than 100 jobs and enabling both companies to integrate their supply chain networks in response to data center business growth and customer demands.
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