07:39 AM EST, 03/04/2025 (MT Newswires) -- JPMorgan Chase ( JPM ) and Starwood Property Trust ( STWD ) have agreed to provide a $2 billion construction loan for a 100-acre data center campus in West Jordan, Utah, The Wall Street Journal reported Tuesday.

The borrower is a venture of real estate investor CIM Group and Novva Data Centers, according to the report.

JPMorgan ( JPM ), Starwood, CIM, and Novva did not immediately reply to MT Newswires' requests for comment.

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