Inside EdgeCore's North Virginia Data Centre Expansion Plans

EdgeCore Digital Infrastructure has completed two financial transactions totalling US$1.5bn to support the construction of two hyperscale data centres in Northern Virginia, strengthening its position in one of the world’s most active data centre markets.

The wholesale developer, owner and operator confirmed the funding will be used to deliver its AS01 and AS02 facilities in Sterling, Virginia.

The transactions were carried out alongside its owner, Partners Group, acting on behalf of its clients as part of a broader financing strategy across EdgeCore’s expanding portfolio.

Hyperscale build-out targets AI demand

At full build-out, the AS01 and AS02 sites will provide a combined 114MW of critical load across 685,000 square feet.

The facilities are being engineered to meet high-density AI and cloud requirements, reflecting continued demand from hyperscale customers.

Power for both data centres will be supplied by Dominion Energy, with initial occupancy of AS01 scheduled for November 2026 and AS02 expected to follow in July 2027.

“Today’s financial announcement is especially exciting for EdgeCore as it is directly related to our accelerated growth plans throughout the Commonwealth of Virginia in support of the AI revolution,” said Lee Kestler, CEO of EdgeCore Digital Infrastructure.

“EdgeCore’s community investment and controlled real estate development roadmap expands the economic benefits of digital infrastructure to Culpeper and Louisa County, Virginia, providing our hyperscale customers with access to gigascale capacity, reliable power availability and inter-dependent compute within a two-hour drive of Ashburn.”

The developments will complement Northern Virginia’s established data centre ecosystem, while extending infrastructure capacity into surrounding regions.

Green financing supports sustainability goals

Financing for the AS01 facility was structured as a Green Loan, aligned with the latest Green Loan Principles, alongside EdgeCore’s 2025 Green Finance Framework.

“EdgeCore’s ability to include a green loan component in this transaction is important to us given our focus on ensuring the construction and operation of our facilities is as sustainable as possible,” said Julie Brewer, EVP of Finance, EdgeCore Digital Infrastructure.

“Further, we are fortunate to have the continuing support of Partners Group in ensuring the financial stability required to rapidly develop hyperscale AI and cloud data center capacity throughout Virginia and EdgeCore’s wider portfolio.”

The use of green financing shows how there is increasing scrutiny around the environmental impact of large-scale data centre developments, as AI workloads push up energy use and density demands.

Partners Group highlighted the strategic importance of the Virginia market as demand for hyperscale capacity continues to rise.

“The development of these assets in Virginia, one of the largest data center markets in the world, reflects our conviction in the growing demand for capacity,” said Fentress Boyse, Member of Management, Infrastructure Americas, Partners Group.

“EdgeCore has quickly built a strong presence in this particular market across multiple strategic locations, in line with our expansion plans.

“The company’s broader portfolio continues to go from strength to strength, reaching 1.8 gigawatts of capacity delivered or under development across approximately seven million square feet earlier this year.”

Expanding a growing data centre footprint

The Virginia developments form part of EdgeCore’s wider growth trajectory, with the company continuing to scale its hyperscale-focused platform across key US markets.

Its portfolio has reached 1.8GW of capacity delivered or under development, spanning approximately seven million square feet.

By combining large-scale financing, green loan structures and proximity to established connectivity hubs, the AS01 and AS02 projects prove how data centre infrastructure continues to evolve and support next-generation AI and cloud workloads.