SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group’s electric vehicle plant in Ohio, a move aimed at kick-starting the Japanese company’s $500 billion Stargate data center project with OpenAI and Oracle Corp.

Earlier this week, Hon Hai Precision Industry, the flagship unit of Foxconn, said it agreed to sell the EV plant to Crescent Dune LLC for $375M without disclosing the company behind the entity. SoftBank is Foxconn’s counterparty in the transaction, the report noted.

News outlet Bloomberg has reported that SoftBank Group Corp. is the entity behind the acquisition of Foxconn’s Lordstown manufacturing plant. The purchase is intended to help launch the Japanese investment firm’s $500 billion Stargate data center project with partners OpenAI and Oracle Corp.