Edged: Nearly $2 Billion Financing Secures Expansion Of AI-Ready Data Center Infrastructure

By Amit Chowdhry • Today at 11:36 AM

Edged announced that it has secured nearly $2 billion in cumulative financing year-to-date to accelerate the expansion of its sustainable, AI-ready digital infrastructure platform across major U.S. markets, including Atlanta, Chicago, and Council Bluffs.

The financing package is anchored by a $1.3 billion Senior Secured Notes offering completed in April 2026, which the company said is the first bond offering of its kind in the data center sector designed to support the simultaneous development of multiple sites serving different customers. The offering will fund two large-scale build-to-suit data centers at the company’s Atlanta and Chicago campuses under long-term leases. Morgan Stanley served as Lead Left Bookrunner for the transaction.

In addition to the bond offering, Edged US also secured a construction loan to support continued development of its 200 MW campus in Council Bluffs, Iowa. TD Securities and Crédit Agricole CIB acted as Coordinating Lead Arrangers.

The Atlanta campus is one of the two large-scale build-to-suit facilities supported by the Senior Secured Notes offering. According to the company, the site delivers 169 MW of critical IT capacity specifically designed for AI training and inference workloads at scale.

Edged US said its infrastructure platform focuses on ultra-efficient design and sustainable operations, including the use of its proprietary ThermalWorks cooling technology, which consumes zero water during daily operations. The company added that its data centers are designed to achieve a targeted portfolio-wide power usage effectiveness (PUE) of 1.15 and include liquid-to-chip cooling capabilities for next-generation compute environments.

The company continues expanding across North America with operational and in-development campuses in Atlanta, Chicago, Columbus, Council Bluffs, Dallas, Des Moines, Kansas City, and Phoenix.

KEY QUOTES:

“Demand for high-performance digital infrastructure continues to accelerate at an unprecedented pace, and this financing momentum positions us to move quickly and strategically alongside our customers. We are proud to continue expanding our platform with infrastructure designed to support the next generation of AI and cloud growth while remaining deeply committed to efficiency, sustainability, and responsible long-term development.”

“As the market continues evolving, customers increasingly need partners that can deliver capacity quickly, efficiently, and responsibly. This financing milestone underscores confidence in our ability to execute and continue building the infrastructure that powers the future of the digital economy.”

Bryant Farland, Chief Executive Officer, Edged US