DC BLOX Secures $240 Million Financing from Global Infrastructure Partners
DC BLOX has secured a $240 million financing facility from Global Infrastructure Partners to support its hyperscale data center expansion in the Southeastern U.S. This funding, which complements previous green loans totaling $1.415 billion, aims to enhance local economic growth through job creation and investments in digital infrastructure. GIP, managing over $189 billion in assets, will also provide strategic support for DC BLOX's growth initiatives.
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DC BLOX has secured a $240 million HoldCo financing facility from Global Infrastructure Partners (GIP), part of BlackRock, to support its hyperscale data center expansion in the Southeastern U.S. This funding adds to previous green loans totaling $1.415 billion.
The financing will facilitate the development of digital infrastructure projects and is expected to enhance local economic growth through construction jobs and investments in power infrastructure. GIP manages over $189 billion in assets and will provide strategic support for DC BLOX's growth initiatives.
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