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DataBank raises capital for new data centers
Nov 29, 2023 | Posted by Abdul-Rahman Oladimeji | DataBank
DataBank has raised $533 million of capital to build new data centers through debt and equity. This brings the total funds raised by the company this year to $1.6 billion, with $715 million of secured notes issued in February and a $350 million credit facility announced later in March. DataBa...