Map / Power
SB Energy
SoftBank-backed energy and data center developer building OpenAI's 8 GW Ohio campus, with Nvidia as investor and lease guarantor.
Depends on
- Nvidia: Nvidia invested $1.5B in SB Energy, builder of OpenAI's PORTS campus in Ohio, where Nvidia will be the exclusive AI compute supplier. Equity investment, $1.5B. NVIDIA (SEC filing), 2026-08-17
- Nvidia: Cap on Nvidia's residual value guarantees for ~4.25 GW of OpenAI leases; paid only if OpenAI defaults and re-letting falls short. OpenAI must reimburse Nvidia. Lease or guarantee, up to $105B. NVIDIA (SEC filing), 2026-08-17
Supplies
No sourced links yet.
AI money
August 2026 PORTS campus deal.
Where the money comes from
| What | Amount | Period | Detail and source |
|---|---|---|---|
| Investment from a partner from Nvidia | $1.5B | Aug 17, 2026 | Nvidia invested $1.5B, joining SoftBank Group and OpenAI as investors. NVIDIA (SEC filing), 2026-08-17 |
| Off-balance-sheet vehicle from Nvidia | up to $105B | 20-year leases from 2028 | Nvidia residual value guarantees capped at $105B on leases to OpenAI for ~4.25 GW (see Nvidia commitments). NVIDIA (SEC filing), 2026-08-17 |
Where it goes
Nothing sourced yet.
Spending it has promised
| What | Amount | Period | Detail and source |
|---|---|---|---|
| 20-year lease of the PORTS campus to OpenAI with OpenAI | amount not disclosed | 20 years, phases from 2028 | Initial 4.25 IT-GW, up to 8 IT-GW; at least 10 GW of new generation planned. SB Energy also to invest at least $4.2B in grid upgrades with AEP Ohio. NVIDIA (SEC filing), 2026-08-17 |
Money flows with other companies
| Money from | Money to | Type | Amount | What, and source |
|---|---|---|---|---|
| Nvidia | SB Energy | Lease or guarantee | up to $105B | Loop Cap on Nvidia's residual value guarantees for ~4.25 GW of OpenAI leases; paid only if OpenAI defaults and re-letting falls short. OpenAI must reimburse Nvidia. The guarantee makes it possible to finance a campus whose tenant (OpenAI) is also an Nvidia investee and whose chips will be Nvidia's. 20-year leases from 2028 NVIDIA (SEC filing), 2026-08-17 |
| Nvidia | SB Energy | Equity investment | $1.5B | Loop Nvidia invested $1.5B in SB Energy, builder of OpenAI's PORTS campus in Ohio, where Nvidia will be the exclusive AI compute supplier. Nvidia funds and guarantees the landlord of an OpenAI campus that will be filled with Nvidia systems. 2026-08-17 NVIDIA (SEC filing), 2026-08-17 |
Amounts in US dollars. "Up to" amounts are maximums or depend on conditions. See Does it add up? for the full picture.
Data as of 2026-10-30. Cite as: Ye, Mike. "SB Energy" (sb-energy). AI Lattice, dataset v0.3.0. https://ailattice.ai/e/sb-energy/. How to cite.