DC BLOX secured $240 million in financing from Global Infrastructure Partners (GIP), a part of BlackRock.
The facility provides growth capital for DC BLOX’s hyperscale data center expansion strategy. This financing follows the $1.15 billion and $265 million Senior Secured Green Loans that DC BLOX had previously announced, supporting the development and construction of DC BLOX’s expanding portfolio of digital infrastructure projects in Atlanta and the Southeast. (photo credit to PERE)
Michael Bogdan, Chairman of DC BLOX and Head of the Digital Infrastructure Group at Future Standard, the company’s lead sponsor, added “The company is uniquely positioned to partner with both local communities and hyperscale customers and help accelerate the Southeast’s emergence as a global hub for AI-driven innovation.” A CBRE report states Georgia surpassed Northern Virginia for data center absorption in 2024.
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