Behind DC BLOX’s US$1.15bn Atlanta Data Campus Development
DC BLOX has closed US$1.15bn in green loan financing to construct a large-scale data centre campus in Douglas County, Georgia.
The project will deliver a 120MW facility designed for cloud and AI workloads, with the option to expand by a further 80MW as early as 2027.
The financing marks one of the largest in the company’s history and underscores its ambitions to meet accelerating hyperscale and enterprise demand across the Southeastern US.
Melih Ileri, Senior Vice President of Capital Markets and Strategy at DC BLOX, says the investment reflects strong confidence from the company’s partners.
“Securing this capital confirms confidence in our execution track record,” says Melih.
“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.”
Building Atlanta’s hyperscale capacity
The new Douglas County campus is part of DC BLOX’s broader expansion in the Atlanta region, which already includes hyperscale-ready capacity in Conyers and Douglasville.
The company is also delivering multiple hyperscale edge nodes across the Southeast to strengthen digital connectivity in growing metropolitan areas.
Jeff Uphues, CEO of DC BLOX, highlights the strategic importance of Atlanta as a data centre market.
“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,” Jeff says.
“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.”
Strong backing from investors
The US$1.15bn green loan follows a US$265m green loan secured from leading industry lenders, as well as growth equity committed by Post Road Group in late 2024.
Together, these financings give DC BLOX a robust capital position to respond to the expanding hyperscale and edge computing markets.
Michael Bogdan, Managing Partner at Post Road Group, points to DC BLOX’s customer-focused strategy as key to its success.
“The DC BLOX management team has done a terrific job positioning the business for success in the Southeast with a consistent focus on serving the customer and community,” Michael says.
“We are thankful to all our capital partners who have helped capitalise the company to meet the tremendous hyperscale and edge growth the company has experienced.”
Financing structure and partners
The green loan was arranged by a consortium of global and regional financial institutions.
ING Capital LLC served as Structuring and Administrative Agent, with ING, Mizuho Bank and Natixis Corporate & Investment Banking acting as Initial Coordinating Lead Arrangers and Joint Bookrunners.
First Citizens Bank joined as Coordinating Lead Arranger.
Additional financing partners included CoBank ACB, LBBW New York Branch, The Toronto-Dominion Bank New York Branch and KeyBank National Association as Joint Lead Arrangers and The Huntington National Bank as Mandated Lead Arranger.
ING and Natixis CIB also served as Joint Green Loan Coordinators. Legal support came from A&O Shearman for DC BLOX and Milbank for the lenders.
Sustainability at the core
The green loan designation aligns with growing expectations for sustainable data centre development.
DC BLOX’s facility will be designed with high energy efficiency standards and environmental considerations, consistent with green financing criteria. The combination of scale, efficiency and strategic location positions the Douglas County campus to attract major hyperscale tenants and enterprise clients.
With this latest funding secured, DC BLOX is set to play a central role in expanding data centre capacity in one of the most competitive and fastest-growing digital infrastructure markets in the US.
