DC BLOX Secures $1.15 Billion Green Loan for Atlanta Data Center Expansion

DC BLOX, a prominent provider of connected data center and fiber network solutions in the Southeastern United States, has successfully closed a $1.15 billion green loan. This financing is earmarked for the development of a new data center campus in Douglas County, Georgia, which is expected to cater to the increasing needs of cloud and artificial intelligence (AI) workloads. The project includes the construction of a 120 MW data center, with plans for campus expansion to accommodate an additional 80 MW by 2027.

Melih Ileri, SVP of Capital Markets & Strategy at DC BLOX, highlighted the significance of this achievement, stating, "Securing this capital confirms confidence in our execution track record." This development is part of DC BLOX's broader strategy to enhance its digital infrastructure footprint across the Southeast, following recent projects such as hyperscale edge nodes in the region.

Jeff Uphues, CEO of DC BLOX, emphasized the project's role in supporting the Southeast's economic growth, noting, "Atlanta is the fastest-growing data center market in the US today." The financing builds on previous financial milestones, including a $265 million green loan and growth equity from Post Road Group, positioning DC BLOX to address the surging demand for digital infrastructure driven by hyperscaler expansion.

The involvement of leading financial institutions such as ING, Mizuho Bank, and Natixis Corporate & Investment Banking as Initial Coordinating Lead Arrangers and Joint Bookrunners underscores the project's credibility and the confidence of the investment community in DC BLOX's vision and execution capabilities.

This initiative not only signifies a major investment in the Southeast's digital infrastructure but also reflects the growing importance of sustainable financing in the tech industry, as evidenced by the green loan designation. The expansion of DC BLOX's data center capacity is poised to play a pivotal role in accommodating the region's digital transformation and economic development.