Growth of the versatile financing automobile permits corporate to boost up building initiatives and meet surging call for for information heart capability
DALLAS, Oct. 17, 2025 /PRNewswire/ — DataBank, a supplier of enterprise-class edge colocation, interconnection, and controlled cloud services and products, introduced nowadays that it has upsized its present $725 million credit score facility to $1.6 billion to deliver to finance its ongoing and week information heart building initiatives.
The unused capital will treasure the continued construction of over 100MW of capability in primary information heart markets reminiscent of Northern Virginia, Dallas, Denver, Minneapolis, and Salt Pool Town. Call for for the lending facility was once oversubscribed with 20 virtual infrastructure lenders taking part, together with all 14 who participated within the preliminary automobile.
Along with increasing the scale of the credit score facility, DataBank was once ready to shed its total rate of interest and lengthen the adulthood occasion at the software, thereby making sure long-term get right of entry to to a scalable and attractively priced supply of capital to satisfy accelerating call for for capability inside of its footprint.
This represents DataBank’s fourth inexperienced financing following intently at the heels of endmost moment’s $1.1B hyperscale securitization. The financing qualifies as a inexperienced mortgage for the reason that amenities concerned all will meet particularly mandated Energy Utilization Effectiveness (PUE) metrics along with DataBank’s personal standards for H2O conservation and carbon emissions aid, all of which give a contribution to its function of being carbon impartial by means of 2030.
“By adding new markets and facilities to this financing vehicle, we’re able to accelerate our capital expenditure timeline and meet the growing demand from our enterprise, A.I., and hyperscale cloud customers,” mentioned Kevin Ooley, DataBank’s President and CFO. “We’re delighted by the ongoing support of existing and new lenders and their vote of confidence in DataBank’s platform, geographic footprint, and track-record of timely execution.”
TD Securities was once the Administrative Agent, Joint Govern Arranger and Joint Bookrunner within the transaction. Electorate Storage, CoBank, Deustche Storage, Société Générale, and MUFG have been Joint Govern Arrangers and Joint Bookrunners for the transaction. Jones Moment was once DataBank’s felony marketing consultant for the transaction.
About DataBank
DataBank is helping the arena’s biggest enterprises, era, and content material suppliers assure their information and packages are all the time on, all the time conserve, all the time compliant, and in a position to scale to satisfy the desires of the synthetic logic past.
Known by means of Deloitte in 2023 and 2024, and Inc. 5000 in 2024 as one of the vital fastest-growing personal US firms, DataBank’s edge colocation and infrastructure footprint is composed of 65+ “HPC-ready” information facilities in 25+ markets, 20 interconnection hubs, and on-ramps to an ecosystem of cloud suppliers with nearly limitless achieve.
We mix those platforms with commitment portability, controlled safety, compliance enablement, hands-on help, and a commitment of 100% uptime availability, to provide our shoppers no doubt of their IT infrastructure and the facility to build a boundless virtual week for his or her industry.
To be told extra, Apply us on LinkedIn or Subscribe to our YouTube channel. To excursion a facility, discuss with DataBank or name 1(800) 840-7533.
SOURCE DataBank
