Vantage Secures $5 Billion in Green Loans

Vantage Data Centers has secured $5 billion in incremental green loan financings to meet data center demand in the US which includes a $2.25 billion financing to fully fund construction of the company’s campus in New Albany, Ohio, as well as a $2.75 billion upsizing of an existing $3 billion 2024 borrowing base loan.

The New Albany-linked financing was by Mitsubishi UFJ Financial Group, Inc. (MUFG) and Societe Generale. Separately, Vantage upsized its existing $3 billion green loan corporate credit facility by an additional $2.75 billion, increasing the total to $5.75 billion. The financing will support the development of data centers and land acquisitions for future growth in North America.

“As the need for digital infrastructure continues to accelerate, Vantage remains focused on raising capital to support the rapid expansion of our North America platform,” said Rich Cosgray, senior vice president, global capital markets at Vantage. “These financings demonstrate our ability to secure sustainable and innovative funding vehicles to meet market demand and serve our customers with scalable solutions that ultimately increase our speed to market.”