BEHIND THE DEAL: Pure DC’s E1.3bn Finnish AI campus financing
Pure DC recently confirmed E1.3bn of committed senior debt against Phase 1 of its Seinäjoki AI campus (SJK01) in Finland, closing out a process TMT Finance had been exclusively reporting on for months.Not only did subscribers have early access to the outcome,…
Inside Rowan’s US$3bn Project Temple Debt Raise
Rowan Digital Infrastructure recently announced it has secured nearly US$3bn in debt financing to support the construction of its 300MW flagship datacentre campus in Temple, Texas.The financing, completed under Rowan’s Green Finance Framework, represents the l…
Inside Vertical Bridge’s US$1.5bn raise: from Verizon towers acquisition to KKR deal
KKR last month announced a US$1.5bn preferred equity investment into US private towerco Vertical Bridge, concluding a deal process that TMT Finance has tracked in real time since 2024. The investment confirmed a TMT Finance exclusive from earlier in April. Exi…
Inside atNorth’s $4bn sale to CPPIB and Equinix
On 27 February, Partners Group announced it had agreed to sell Reykjavik-headquartered Nordic datacentre operator atNorth to a consortium of CPP Investments and Equinix, for US$4bn. Equinix and CPP Investments emerged victorious over the Digital Realty and PSP…
maincubes secures E2.48bn platform debt financing
European datacentre operator maincubes, which is majority owned by DTCP, has secured E2.475bn (US$2.89bn) in platform-level debt financing to refinance its portfolio and fund growth across Europe, according to a press release from DTCP. The financing includes…
DayOne gets up to E1bn mezzanine financing for Finland DC
Singapore-based datacentre developer and operator DayOne Data Centers (DayOne) has obtained a E500m (US$582m) mezzanine financing facility, expandable up to E1bn, according to a company press release. TMT Finance has been reporting on this deal since April 2…
Vantage Data Centers to develop up to 2.5GW of datacentre capacity in two new US campuses
DigitalBridge-backed [NYSE: DBRG] Vantage Data Centers (Vantage) has announced plans to develop up to 2.5GW of US datacentre capacity through two mega-campuses: Project Frontier and Project Lighthouse. In October, Vantage announced plans for a 1GW campus in Po…
Orange Concessions closes E1.29bn refi
Paris-headquartered FTTH provider Orange Concessions has closed an E1.29bn (US$1.5bn) refinancing deal to execute projects in rural France. The consortium funding Orange Concessions’ expansion plans includes Germany’s NORD/LB, 13 global banks, and four instit…
Banks launch US$2.2bn-US$2.3bn EdgeConnex Atlanta project financing
Three banks have launched a US$2.2bn to US$2.3bn project financing to support the construction of EdgeConnex’s datacentre campus in Atlanta, Georgia, TMT Finance understands. Natixis, SMBC and MUFG are underwriting the financing, sources said. The EQT Infra…