DC BLOX has secured $1.15 billion in green loan financing to build a 120 MW data center campus in Douglas County, Georgia, with plans to add 80 MW by 2027 to support cloud and AI workloads. The company is expanding its presence around Atlanta with additional capacity in Conyers and Douglasville.
This funding follows a previous $265 million green loan and growth equity from Post Road Group, positioning DC BLOX to meet rising demand for digital infrastructure.
Support: ING Capital acted as Structuring and Administrative Agent, with ING, Mizuho, and Natixis as Initial Coordinating Lead Arrangers and Joint Bookrunners. First Citizens Bank was Coordinating Lead Arranger. CoBank ACB, LBBW New York Branch, The Toronto-Dominion Bank New York Branch, and KeyBank NA served as Joint Lead Arrangers, while Huntington National Bank was Mandated Lead Arranger. ING and Natixis CIB also served as Joint Green Loan Coordinators. Counsel included A&O Shearman for DC BLOX and Milbank for the lenders.
KEY QUOTES:
“Securing this capital confirms confidence in our execution track record. Continuing to deliver our projects on-time and with excellence has earned us the trust of our customers and investors, leading to this historic growth in our business.”
Melih Ileri, SVP of Capital Markets & Strategy at DC BLOX
“With this latest project announcement, DC BLOX continues to deliver on its mission to build the foundational digital infrastructure needed to drive the Southeast’s growing economy. Atlanta is the fastest-growing data center market in the US today, and we are proud to enable our customers to expand their footprint in our region.”
Jeff Uphues, CEO of DC BLOX
“The DC BLOX management team has done a terrific job positioning the business for success in the Southeast with a consistent focus on serving the customer and community. We are thankful to all our capital partners who have helped capitalize the company to meet the tremendous hyperscale and edge growth the company has experienced.”
Michael Bogdan, Managing Partner at Post Road Group
