US data centre and fibre network operator DC BLOX has secured $240m (€207m) in financing from BlackRock-owned Global Infrastructure Partners (GIP).
DC BLOX said the financing, secured through its holding company, establishes GIP as a strategic partner to support the next phase of the firm’s expansion.
The latest financing facility also follows a previously announced $1.15bn and $265m senior secured green loans to support the development and construction of DC BLOX’s expanding portfolio of digital infrastructure projects.
DC BLOX is a provider of hyperscale data centres, subsea cable landing stations, colocation services and fibre network solutions in Southeast US.
Melih Ileri, CIO at DC BLOX, said: “We are excited to partner with GIP, a part of BlackRock, to fuel our ambitious growth goals.
“This financing underscores our commitment to serving communities in the Southeast by bringing cutting-edge AI and cloud-technology investments with leading hyperscalers into the region, and creating economic development activity through construction jobs, taxes paid and making investments into the power grid for the benefit of our customers and local ratepayers alike.”
Michael Bogdan, chairman of DC BLOX and head of the digital infrastructure group at Future Standard, the company’s lead sponsor, said: “This milestone reflects the strength of DC BLOX’s vision and the confidence in its execution.
“The company is uniquely positioned to partner with both local communities and hyperscale customers and help accelerate the Southeast’s emergence as a global hub for AI‑driven innovation. We are pleased to welcome GIP as a strategic and financial partner in DC BLOX’s next phase of growth.”
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