Expansion of the flexible financing vehicle allows company to accelerate construction projects and meet surging demand for data center capacity
DALLAS , Oct. 17, 2025 /PRNewswire/ -- DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed cloud services, announced today that it has upsized its existing $725 million credit facility to $1.6 billion in order to finance its ongoing and future data center construction projects.
The new capital will fund the ongoing development of over 100MW of capacity in major data center markets such as Northern Virginia, Dallas, Denver, Minneapolis, and Salt Lake City. Demand for the lending facility was oversubscribed with 20 leading digital infrastructure lenders participating, including all 14 who participated i