signed
NVIDIA guarantees up to $105B of OpenAI leases at SB Energy's PORTS campus (4.25 GW)
NVIDIA agreed guarantees capped at $105 billion backing an OpenAI affiliate's 20-year leases for about 4.25 GW of IT load at SB Energy's PORTS campus in Pike County, Ohio. The site will host NVIDIA AI infrastructure exclusively.
What the value means
Cap on NVIDIA's guarantee exposure (NVIDIA 10-Q), phased over nine construction phases; covers defined lease and power payments, not the full site cost, and ends if OpenAI reaches a set credit rating. NVIDIA also invests $1.5 billion in SB Energy. Capacity comes online in phases from 2028.
The record
Verified 9 Nov 2026- Announced
- Buyer
- OpenAI
- Seller / provider
- SB Energy
- ValueHeadline dollar value exactly as stated in the cited source.
- 105,000,000,000 USD
- Capacity
- 4.25 GW
- Accelerators
- Not disclosed
- Chips
- NVIDIA
- Term
- 20 years
- StatusBinding agreement disclosed
- signed
- Other parties
- NVIDIA (guarantor); SoftBank Group; AEP Ohio
- Deal type
- backstop, datacenter-lease, sec-filing
Sources
2- NVIDIA Guarantees SB Energy's PORTS-Pike Technology Campus in Ohio, 8-K Ex. 99.1 (SEC) read 2026-11-09
- NVIDIA Form 10-Q, quarter ended 26 Jul 2026 (SEC) read 2026-11-09
Cite this deal
AI Compute Deals, “NVIDIA guarantees up to $105B of OpenAI leases at SB Energy's PORTS campus (4.25 GW)”, https://aicomputedeals.com/openai-sb-energy-nvidia-ports-2026-08/ (verified 2026-11-09).
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