DC BLOX Secures $1.15 Billion in Green Financing to Drive Atlanta Data Center Campus Expansion

DC BLOX Secures $1.15 Billion in Green Financing to Propel Atlanta Data Center Campus Expansion

In a landmark move that underscores its commitment to building cutting-edge digital infrastructure, DC BLOX, a leading provider of connected data center and fiber network solutions across the Southeastern United States, has announced the successful closure of $1.15 billion in green loan financing. This funding will fuel the development of a state-of-the-art data center campus in Douglas County, Georgia, designed to meet the surging demand for cloud computing and artificial intelligence (AI) workloads. The project includes the construction of a 120 MW data center, with plans to expand the campus to support an additional 80 MW of capacity as early as 2027.

This significant financial milestone reflects growing confidence in DC BLOX’s ability to execute large-scale projects with precision and excellence. “Securing this capital confirms confidence in our execution track record,” stated Melih Ileri, Senior Vice President of Capital Markets & Strategy at DC BLOX. “Our consistent delivery of projects on-time and with exceptional quality has earned us the trust of both our customers and investors, paving the way for this historic growth in our business.”

The new data center campus in Douglas County is part of DC BLOX’s broader strategy to expand its footprint in the rapidly growing Atlanta market, which has emerged as one of the fastest-growing data center hubs in the United States. With hyperscale edge nodes already under development across the Southeast, including locations in Conyers and Douglasville, Georgia, DC BLOX is positioning itself as a key player in meeting the region’s escalating demand for digital infrastructure.

“With this latest project announcement, DC BLOX continues to deliver on its mission to build the foundational digital infrastructure needed to drive the Southeast’s growing economy,” said Jeff Uphues, CEO of DC BLOX. “Atlanta is at the forefront of the nation’s data center boom, and we are proud to empower our customers to expand their operations in this dynamic region. Our focus remains on delivering reliable, scalable, and sustainable solutions that meet the needs of today’s hyperscalers and enterprises.”

The $1.15 billion green loan builds on DC BLOX’s previous success in securing $265 million in green financing from leading industry lenders, as well as growth equity committed by Post Road Group in the fourth quarter of 2024. This latest round of financing ensures that DC BLOX is well-equipped to address the explosive growth in digital infrastructure demand driven by hyperscalers, cloud providers, and AI-driven workloads.

Michael Bogdan, Managing Partner at Post Road Group, praised DC BLOX’s strategic vision and execution: “The DC BLOX management team has done a terrific job positioning the business for success in the Southeast with a consistent focus on serving the customer and community. We are grateful to all our capital partners who have supported the company in meeting the tremendous hyperscale and edge growth it has experienced.”

The financing deal was structured and administered by ING Capital LLC, with ING, Mizuho Bank, Ltd., and Natixis Corporate & Investment Banking (Natixis CIB) serving as Initial Coordinating Lead Arrangers and Joint Bookrunners. First Citizens Bank acted as Coordinating Lead Arranger, while CoBank ACB, LBBW New York Branch, The Toronto-Dominion Bank New York Branch, and KeyBank National Association served as Joint Lead Arrangers. The Huntington National Bank participated as Mandated Lead Arranger. Additionally, ING and Natixis CIB collaborated as Joint Green Loan Coordinators to ensure the transaction aligned with green financing principles. Legal counsel for DC BLOX was provided by A&O Shearman, while Milbank represented the lenders.

Building a Sustainable Future

The green loan financing underscores DC BLOX’s commitment to sustainability and environmental responsibility. By adhering to green financing principles, the company aims to minimize the environmental impact of its data center operations while supporting the transition to a low-carbon economy. This approach aligns with the growing demand from customers and stakeholders for eco-friendly solutions that balance technological innovation with environmental stewardship.

The Douglas County data center campus will feature advanced energy-efficient technologies and design practices to reduce power consumption and carbon emissions. These measures not only enhance operational efficiency but also position DC BLOX as a leader in sustainable data center development. As the demand for cloud services and AI applications continues to rise, the ability to deliver high-performance infrastructure with a reduced environmental footprint will be a critical differentiator in the competitive data center market.

Expanding Hyperscale and Edge Capabilities

The new campus in Douglas County represents a significant addition to DC BLOX’s portfolio of hyperscale-ready facilities. With the ability to scale up to 200 MW of total capacity, the campus will provide ample room for future expansion, ensuring that DC BLOX can meet the evolving needs of its clients. The proximity to Atlanta—a major connectivity hub—further enhances the campus’s appeal, offering low-latency access to major markets and robust connectivity options.

DC BLOX’s focus on hyperscale and edge computing is particularly timely, as organizations increasingly rely on distributed architectures to support real-time applications, IoT devices, and AI-driven analytics. By expanding its presence in key Southeastern markets, DC BLOX is well-positioned to capitalize on the region’s rapid economic growth and increasing demand for digital infrastructure.

A Commitment to Excellence and Community Impact

Beyond its technical achievements, DC BLOX remains deeply committed to serving the communities in which it operates. The company’s investments in local infrastructure not only create jobs and stimulate economic development but also contribute to the long-term resilience of the regions it serves. By fostering partnerships with local governments, businesses, and residents, DC BLOX ensures that its projects deliver lasting value to the community.

As DC BLOX embarks on this ambitious expansion, the company’s leadership is confident in its ability to continue delivering world-class solutions that meet the needs of its customers while driving sustainable growth. With $1.15 billion in green financing secured, DC BLOX is poised to play a pivotal role in shaping the future of digital infrastructure in the Southeast and beyond.

About DC BLOX

DC BLOX is a digital infrastructure provider in the Southeast that delivers integrated data center and fiber network solutions at scale to enable hyperscalers, enterprises, communications providers, and technology companies to offer enhanced digital services to their customers and accelerate the region’s economic growth. DC BLOX’s operating data centers are located in Birmingham, AL; Huntsville, AL; Chattanooga, TN; Greenville, SC; Myrtle Beach, SC, with new developments underway in Conyers, GA, Douglasville, GA, North Augusta, SC, Palm Coast, FL, and Montgomery, AL. For more information, please visit www.dcblox.com, call +1.877.590.1684, and connect with DC BLOX on X, LinkedIn, Facebook, and Instagram.

About Post Road Group

Post Road Group is an alternative investment advisory firm that currently manages approximately $3.1 billion of capital across its four distinct, complementary investment strategies which include Corporate (Digital Infrastructure), Real Estate Credit, Real Estate Equity, and Specialty Finance. Since inception in 2015, the firm has committed and invested $4.2 billion of capital on behalf of institutional investors across the world. The firm is based in Stamford, CT. For more information, please visit https://www.postroadgroup.com.

Source link

Share your love