Edged Raises Nearly $2 Billion to Accelerate U.S. Data Center Expansion

US data center developer Edged has secured nearly $2 billion in financing so far this year to support the expansion of its data center portfolio. The company said the capital will be used to advance projects in key markets, including Atlanta, Chicago, and Council Bluffs. The funding package includes a $1.3 billion Senior Secured Notes issuance priced in April 2026, which Edged described as the first bond offering designed to fund the concurrent development of multiple data center sites serving different customers. Proceeds from the notes will support the construction of two large build-to-suit facilities at the company's Atlanta and Chicago campuses under long-term lease agreements. Morgan Stanley acted as Lead Left Bookrunner on the transaction.

“Demand for high-performance digital infrastructure continues to accelerate at an unprecedented pace, and this financing momentum positions us to move quickly and strategically alongside our customers,” said Bryant Farland, CEO of Edged US. “We are proud to continue expanding our platform with infrastructure designed to support the next generation of AI and cloud growth while remaining deeply committed to efficiency, sustainability, and responsible long-term development.”

Edged, formerly known as Edged Energy, is part of Endeavour, which was founded by Jakob Carnemark, the creator of Aligned Data Centers. The company operates and develops data centers across Europe and the United States, with projects in Bilbao, Madrid, Barcelona, and Lisbon, as well as multiple US states including Missouri, Arizona, Texas, Georgia, Iowa, Ohio, and Illinois.