Digital infrastructure company DC BLOX has signed a US$1.15 billion green loan for the construction of a data centre campus in Douglas County in the US state of Georgia.

The financing will enable DC BLOX, a provider of connected data centres and fibre network solutions across the southeastern United States, to meet the rapidly growing demand for digital infrastructure fuelled by hyperscaler expansion.

Specifically, the loan will support the development of the 120-megawatt data centre and an expansion of the campus for an additional 80MW capacity, which will be available as early as 2027.

“Securing this capital confirms confidence in our execution track record,” says Melih Ileri, senior vice president, capital markets and strategy, at DC BLOX. “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.”

This latest green loan follows a US$265 million green loan secured from leading industry lenders, as well as growth equity committed by Post Road Group in late 2024.

“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,” says the company’s chief executive officer Jeff Uphues. “Atlanta is the fastest-growing data centre market in the US today, and we are proud to enable our customers to expand their footprint in our region.”

ING Capital served as structuring and administrative agent on the deal. ING, Mizuho Bank, and Natixis CIB served as initial coordinating lead arrangers and joint bookrunners. First Citizens Bank acted as coordinating lead arranger, with CoBank ACB, LBBW New York Branch, Toronto-Dominion Bank New York Branch, and KeyBank National Association as joint lead arrangers.  The Huntington National Bank was mandated lead arranger. ING and Natixis CIB also served as joint green loan coordinators. A&O Shearman acted as counsel to DC BLOX while Milbank advised the lenders.