Serverfarm Expands Credit Facility to $1.637B for Hyperscale Growth

📅 December 18, 2024 - Global data center developer and operator Serverfarm has successfully expanded its North American credit facility, headed by TD Securities, to $1.637 billion. This expansion is a result of the companys rapid business development, which is supported by sizable long-term commitments from hyperscale clients.

While the North American market is severely limited for big, campus-scale near-term capacity, the need for high quality hyperscale colocation capacity for cloud and AI installations continues to grow globally. Delivering on these objectives quickly and at scale is made possible by the Serverfarm platform's award-winning design, construction, and operations teams, supply chain agreements, [...][... Check source for end of article ...]

Tags: Data Center

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