Jun 25, 2026 | Posted by Abdul-Rahman Oladimeji
Yondr Group and JK Land Holdings have secured $715 million through a private offering of 6.875 percent senior secured notes due 2031 to finance the development of their Virginia data center campus. The notes, issued by Yondr JK 1, LLC, will be sold to qualified institutional buyers.
Proceeds will help finance the construction of a 48MW data center in Loudoun County, Virginia, alongside fees, expenses, and debt service reserves. Yondr completed the first 48MW facility at its 96MW campus in 2024 and plans to add a further 240MW, bringing the campus's total planned capacity to 336MW.
Yondr operates data center campuses across Europe, Asia, and North America, with projects spanning the US, Canada, the UK, Germany, the Netherlands, Japan, and Indonesia. The company was acquired by DigitalBridge and La Caisse in 2025, with Allianz later taking a minority stake. JK Land Holdings is a major data center developer in Virginia's Loudoun County, with multiple projects underway across the region.
