Vantage Data Centers Secures $3 Billion Green Loan for North America Data Center Development

April 23, 2024
On April 23, 2024, Vantage Data Centers, a leading global provider of hyperscale data center campuses, announced that it has secured a $3 billion green loan from a bank syndicate led by Wells Fargo Securities, LLC, TD Securities, Truist Securities, Inc., and Scotiabank. The loan will fund the ongoing development of Vantage's North America data center platform. The financing is a revolving credit facility with an initial collateral pool of eight leased and greenfield sites in both new and existing markets, totaling nearly 1.4GW of IT capacity. The loan will allow Vantage to add more North American assets to this credit facility in the future. Currently, Vantage’s North America platform includes 12 campuses across the United States and Canada.