US data center operator DC Blox this week announced it has raised incremental equity capital from its existing and new investors, led by Post Road Group and Bain Capital Credit. The funding will enable the deployment of more than $1 billion of total capital to finance future construction and the development of powered-land banking opportunities.
“The financial support from our partners demonstrates confidence in our ability to satisfy the rapidly growing digital infrastructure needs of our customers,” said Jeff Uphues, CEO of DC Blox. “From our edge market data centers, Myrtle Beach cable landing station, regional fiber network, and multiple 150MW+ hyperscale campuses, DC Blox is building the digital infrastructure needed to drive future economic growth across the Southeast.”
“As DC Blox addresses the significant digital infrastructure growth opportunities by building and operating new hyperscale facilities, it remains a preeminent leader in the Southeastern US data center landscape with a unique combination of deep regional expertise and vertically integrated infrastructure development capabilities,” said Michael Bogdan, Managing Partner at Post Road Group.
