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

DC BLOX, a prominent provider of connected data center and fiber network solutions in the Southeastern United States, has announced the closure of a $1.15 billion green loan aimed at financing the construction of a data center campus in Douglas County, Georgia. This development is designed to cater to the increasing demands of cloud and AI workloads, with the project including a 120 MW data center and plans for campus expansion to support an additional 80 MW by 2027.

Melih Ileri, SVP of Capital Markets & Strategy at DC BLOX, highlighted the significance of this financing, stating it reflects confidence in the company's track record of timely and excellent project delivery. This project is part of DC BLOX's broader strategy to expand its hyperscale edge nodes across the Southeast, with existing capacities in Conyers and Douglasville, Georgia, further solidifying its presence in the Atlanta area.

Jeff Uphues, CEO of DC BLOX, emphasized the company's commitment to building the digital infrastructure necessary to support the Southeast's burgeoning economy. Atlanta's status as the fastest-growing data center market in the U.S. underscores the importance of this development. The green loan follows a previous $265 million financing and growth equity from Post Road Group, positioning DC BLOX to meet the escalating demand for digital infrastructure driven by hyperscaler expansion.

Michael Bogdan, Managing Partner at Post Road Group, praised DC BLOX's management for their focus on customer and community service, which has been instrumental in the company's success. The financing was arranged with the support of several leading financial institutions, including ING Capital LLC, Mizuho Bank, Ltd, and Natixis Corporate & Investment Banking, among others, with legal counsel provided by A&O Shearman and Milbank.