Green Datacenter AG: Switzerland's Data Center Operator Green Closes $514 Million Refinancing

Dec 02, 2022 | Posted by Abdul-Rahman Oladimeji

Green has announced the closing of a $514 million refinancing. The Swiss data center operator successfully refinanced its existing facilities with a total package of CHF 480 million ($514m) from Swiss and international banks. According to the company, the funds will be used to speed up its development strategy while also funding its next growth phase. Green noted that the fund would be pumped into expanding the capacity of its Dielsdorf campus from 33MW to 81MW. It will also expand its Lupfig campus while exploring the development of new campuses across Switzerland.

The CEO of Green, Roger Sues, said: “With the acceleration of the growth program, Green is responding to the high demand from hyperscale companies who put their trust in Green when it comes to geo-redundant solutions. Green provides space, networks, and sustainable growth to the benefit of hyperscale companies, enterprises, and Switzerland as a whole.”

InfraVia Capital Partners own the company. It currently operates four locations in Zurich.