Rowan: Frederick 2 Campus Data Center News

Rowan Digital Infrastructure Secures $1.2bn Financing

US data center developer Rowan Digital Infrastructure has secured $925 million in new financing for the third phase of its flagship Bauxite campus in Maryland, bringing total debt raised for Bauxite to more than $3.1bn. Led by SMBC, MUFG, Mizuho, and Societe Generale, the financing was the fir...

September 20, 2025

Abdul-Rahman Oladimeji

Rowan Digital Infrastructure

Rowan secures $975 million for Maryland data center campus

Data center developer Rowan Digital Infrastructure has closed $975 million of construction financing to build out its upcoming campus in Maryland. The funds will be used to build the first phase of a hyperscale data center campus in Maryland at the TPG-owned site in Frederick County. Phase one...

January 21, 2025

Abdul-Rahman Oladimeji

Rowan Digital Infrastructure

TPG Real Estate takes full control of Quantum Frederick Project

Quantum Loophole will no longer have any "active involvement" in the Quantum Frederick Project, a 2,100-acre data center campus and fiber optic loop (QLoop) in Frederick County, Maryland. This September, TPG sought a court order to remove Quantum Loophole from its role as manager of the $5 bil...

December 27, 2024

Abdul-Rahman Oladimeji

Maryland

IonQ unveils two rack-mounted quantum solutions

A leading quantum computing firm, IonQ has announced plans for two rack-mounted solutions that introduce quantum capabilities to existing infrastructures: IonQ Forte Enterprise and IonQ Tempo. These solutions are mainly to help businesses leverage the power of quantum directly from their own d...

October 04, 2023

Abdul-Rahman Oladimeji

Maryland

Construction starts on the county government data center in Maryland

The Frederick County Government office building in Maryland, which includes a data center, is still under construction. The Prospect Center on Himes Avenue in Frederick will be converted as part of this undertaking. The county paid $20 million for the building in 2021, and it will house multip...

September 07, 2023

Abdul-Rahman Oladimeji

Maryland

Data centers could be built on Maryland's old mall site for FBI HQ

Lerner Enterprises is evaluating a former Maryland mall as a possible campus for a data center if the FBI does not relocate there. Brightseat Associates LLC, a Lerner affiliate, filed a preliminary application for a "qualified data center" with Prince George's County's land use regulatory body...

August 16, 2023

Abdul-Rahman Oladimeji

Maryland

Rowan plans a 1 million-square-foot data center in Morrow County, Oregon

Rowan Green Data in Morrow County, Oregon, plans to build a data center. Proposals for the Percheron Data Center near Boardman were recommended for approval by the County planning commission at the end of last month. Later this month, the proposal will be presented to the County Board of Commi...

August 14, 2023

Abdul-Rahman Oladimeji

Rowan Digital Infrastructure

Frederick County establishes work group to look at data centers

In Frederick County, a place which has become a highly attractive data center zone and is the location site of Quantum Loophole’s massive and recently paused data center campus, Frederick County Executive Jessica Fitzwater has formed a workgroup for data centers. Fitzwater formed the group in ...

June 28, 2023

Maryland

AWS Project Withdrawal Prompts Frederick County To Consider Amending Zoning Laws

Frederick County officials met this week to address a data center zoning law. They are looking to change a Maryland County’s zoning law to allow the development of data centers. This move happened after Amazon Web Services rescinded a project plan because of restrictive timelines. The official...

March 04, 2022

Abdul-Rahman Oladimeji

Maryland

COPT forms joint ventures with Blackstone, buys two data center shells

Corporate Office Properties Trust (COPT) has announced a new joint venture with funds affiliated with Blackstone Real Estate to purchase data center shells.The JV has acquired a 90% stake in two single-tenant data center shell properties totalling 432,000 square feet (40,100 sqm). The propert...

June 03, 2021

Maryland

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