DC BLOX Secures $1.15 Billion Green Loan for Atlanta Data Center Campus Development
DC BLOX Secures USD 1.15 Billion Green Loan For Atlanta Data Center Campus Development

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DC BLOX Secures USD 1.15 Billion Green Loan For Atlanta Data Center Campus Development

Updated on Aug 12, 2025, 04:00 AM IST

DC BLOX, a leading provider of connected data center and fiber network solutions across the Southeastern United States, announced on August 11, 2025, that it has closed USD 1.15 billion in green loan financing for the construction of a data center campus in Douglas County, Georgia. The facility is designed to meet the demands of cloud and AI workloads.

Project Scope and Capacity

The funds will support the development of a 120 MW data center and include campus expansion to support an additional 80 MW, available as early as 2027. This brings the total potential capacity of the Douglas County campus to 200 MW when fully developed.

The project comes on the heels of recently announced DC BLOX projects including multiple hyperscale edge nodes across the Southeast. With additional hyperscale-ready data center capacity available in Conyers, Georgia and Douglasville, Georgia, DC BLOX is set to rapidly expand its presence around Atlanta.

Executive Leadership Comments

"Securing this capital confirms confidence in our execution track record," stated Melih Ileri, SVP of Capital Markets & Strategy at DC BLOX. "Continuing to deliver our projects on-time and with excellence has earned us the trust of our customers and investors, leading to this historic growth in our business."

Jeff Uphues, CEO of DC BLOX, emphasized the strategic importance of the Atlanta market. "With this latest project announcement, DC BLOX continues to deliver on its mission to build the foundational digital infrastructure needed to drive the Southeast's growing economy," said Uphues. "Atlanta is the fastest-growing data center market in the US today, and we are proud to enable our customers to expand their footprint in our region."

Financial Structure and Previous Funding

This financing follows the prior USD 265 million green loan secured from leading industry lenders, as well as the growth equity that was committed by Post Road Group in the fourth quarter of 2024. DC BLOX is now well positioned to meet the rapidly growing digital infrastructure demand fueled by hyperscaler expansion.

Michael Bogdan, Managing Partner at Post Road Group, commented on the partnership: "The DC BLOX management team has done a terrific job positioning the business for success in the Southeast with a consistent focus on serving the customer and community. We are thankful to all our capital partners who have helped capitalize the company to meet the tremendous hyperscale and edge growth the company has experienced."

Banking Consortium and Legal Representation

The financing involved a comprehensive consortium of financial institutions. ING Capital LLC served as Structuring and Administrative Agent. ING, Mizuho Bank, Ltd, and Natixis Corporate & Investment Banking (Natixis CIB) served as Initial Coordinating Lead Arrangers and Joint Bookrunners.

First Citizens Bank served as Coordinating Lead Arranger. CoBank ACB, LBBW New York Branch, The Toronto-Dominion Bank New York Branch, and KeyBank National Association, NA served as Joint Lead Arrangers. The Huntington National Bank served as Mandated Lead Arranger.

ING and Natixis CIB also served as Joint Green Loan Coordinators. A&O Shearman served as counsel to DC BLOX, and Milbank served as counsel to the lenders.

Company Operations and Expansion

DC BLOX is a digital infrastructure provider in the Southeast that delivers integrated data center and fiber network solutions at scale to enable hyperscalers, enterprises, communications providers, and technology companies to offer enhanced digital services to their customers and accelerate the region's economic growth.

DC BLOX's operating data centers are located in Birmingham, AL; Huntsville, AL; Chattanooga, TN; Greenville, SC; Myrtle Beach, SC, with new developments underway in Conyers, GA, Douglasville, GA, North Augusta, SC, Palm Coast, FL, and Montgomery, AL.

Post Road Group is an alternative investment advisory firm that currently manages approximately USD 3.1 billion of capital across its four distinct, complementary investment strategies which include Corporate (Digital Infrastructure), Real Estate Credit, Real Estate Equity, and Specialty Finance. Since inception in 2015, the firm has committed and invested USD 4.2 billion of capital on behalf of institutional investors across the world. The firm is based in Stamford, CT.


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