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New Funding Enables DC BLOX to Deploy over $1B of Total Capital
📅 - DC BLOX, a data center colocation provider focused on the Southeastern United States, has secured additional funding as it aims to expand its capabilities and market presence. This financial boost will allow DC BLOX to deploy over $1 billion in capital for future projects, strengthening its position as a hyperscale-ready data center platform. In addition to the equity funding, DC BLOX has secured a $265 million green Senior Secured Credit Facilities loan (SSCF).
The data center colocation company raised incremental equity capital through investments led by Post Road Group and Bain Capital Credit, with participation from both existing and new investors.
The loan, facilitated by Joint Lead [...][... Check source for end of article ...]
Tags: Data Center
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