DC BLOX, a regional provider of connected data centers and fiber network infrastructure across the Southeastern U.S., said it has secured a $240 million HoldCo financing facility from Global Infrastructure Partners (GIP), which is part of BlackRock. The company said the new capital will support its hyperscale data center expansion strategy and broaden the financing base behind a growing portfolio of digital infrastructure projects in the region.
The HoldCo facility adds to DC BLOX’s existing funding stack, following previously announced senior secured green loan financings of $1.15 billion and $265 million that the company said are backing development and construction across its footprint. HoldCo-level financing is typically structured at the parent holding company level, providing flexible growth capital that can be deployed across projects and subsidiaries, complementing asset-level debt used to fund specific builds.
DC BLOX positions itself as a vertically integrated platform serving hyperscale and carrier customers expanding in the Southeast, offering a mix of hyperscale data centers, subsea cable landing stations, colocation services, and fiber network solutions. The company said the region’s demand tailwinds are being driven by cloud adoption and AI-related compute needs, which are increasing requirements for power availability, resilient connectivity, and scalable data center capacity.
Company executives framed the financing as both a growth catalyst and a signal of institutional confidence in DC BLOX’s strategy. DC BLOX said the expansion is also intended to support local economic development through construction activity, taxes, and investments tied to power infrastructure needed for large-scale data center deployments.
The company’s operating data centers are located in Birmingham and Huntsville, Alabama; Chattanooga, Tennessee; and Greenville and Myrtle Beach, South Carolina. DC BLOX also said it has new developments underway in Conyers and Douglasville, Georgia; North Augusta, South Carolina; Palm Coast, Florida; and Montgomery, Alabama.
GIP, which operates within BlackRock, is a major infrastructure investor with a platform spanning energy, transportation, digital infrastructure, and water and waste management. DC BLOX’s lead sponsor is Future Standard, which launched its Digital Infrastructure strategy in late 2025 after acquiring Post Road Group’s digital infrastructure investment platform, according to the company.
KEY QUOTES:
“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.”
Melih Ileri, Chief Investment Officer, DC BLOX
“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.”
Michael Bogdan, Chairman, DC BLOX; Head of the Digital Infrastructure Group, Future Standard
