Skadden, Arps, Slate, Meagher and Flom has published a client briefing examining financing solutions for large-scale hyperscaler data center developments, covering construction loans, sale-leaseback arrangements, asset-backed securities, and project finance structures. The memo notes that lenders are increasingly differentiating between hyperscaler-anchored deals and speculative builds when setting terms and pricing. Skadden identifies power supply certainty and permitting timelines as the primary risk factors affecting deal structures. The publication reflects growing demand from financial institutions for legal guidance as data center project sizes reach multiple billions of dollars.