Vantage Data Centers Secures $5 Billion in Green Loan Financing to Expand North America Footprint
Vantage Data Centers, a key provider of hyperscale data center campuses, has secured $5 billion in additional green loan financing to support growing demand across its North American platform. This funding includes a $2.25 billion loan dedicated to completing construction of its New Albany, Ohio campus, along with a $2.75 billion increase to an existing $3 billion borrowing base loan for 2024.
With these transactions combined, Vantage now has $8 billion available to continue expanding its data center infrastructure throughout North America.
Innovative Construction Financing for New Albany Campus
The $2.25 billion loan will fully fund the development of Vantage's 70-acre New Albany campus near Columbus, Ohio. The site will feature three pre-leased hyperscale data centers totaling 1.5 million square feet and 192MW of power capacity. The first facility is expected to be operational by December 2025.
This financing deal is notable for being among the first construction loans in the data center sector to receive private investment-grade ratings from two leading rating agencies. Mitsubishi UFJ Financial Group (MUFG) and Societe Generale led the transaction.
Expansion of Corporate Green Loan Facility
Separately, Vantage increased its existing $3 billion green loan corporate credit facility by $2.75 billion, bringing the total to $5.75 billion. This expanded facility will support ongoing data center development and land acquisitions to fuel future growth across North America.
The upsized loan was arranged by a banking syndicate led by Wells Fargo Securities, with TD Securities, Truist Securities, and Scotiabank as joint bookrunners. This move reinforces Vantage’s strong relationships with top-tier financial institutions.
Commitment to Sustainable Growth
Both financing deals align with Vantage’s Green Finance Framework, emphasizing sustainable development, delivery, and operation of its data centers. This financial backing equips Vantage to meet large-scale customer demand across multiple markets while supporting the digital economy’s infrastructure needs.
White & Case served as legal advisor on both transactions.
About Vantage Data Centers
Vantage designs, builds, and operates hyperscale data centers that support cloud providers, hyperscalers, and large enterprises. Operating across North America, EMEA, and Asia Pacific, Vantage focuses on innovative data center design to improve reliability, efficiency, and sustainability in scalable environments.
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