Capex in 2026 will be six times larger than 2022

The facility will start with an initial 100MW in 2028, increasing to 1.3GW by 2032

The $350 million expands on a $400 million HoldCo loan secured last year

The funds will be used to refinance and develop TOK1 in East Tokyo

US data center operator will use the funds to fully pay off prior debts

Financing consists of an initial $500 million, with an accordion feature for further investment

Developer will switch to a mixed-use project on the 63-acre site

The first time total new capacity under construction has declined since 2020

Comes on the back of QTS Data Centers' growth

The company plans to increase capex for its data center projects

Surpasses €40 billion in revenue as Hilary Maxson stands down as CFO

Official disclosures fail to show the full scale of long-term economic risk

Virginia continues fall-off in data center investment

The bond was secured under its Green Finance Framework

Investment will bring facility from initial 6MW to 19MW

With nearly two thirds of US data center construction happening in frontier markets

Developer reportedly lacked transparency in discussions around the site

Loan will be used to refinance existing debt associated with campuses

Looking for a valuation of $1 billion to $1.5 billion

The financing is guaranteed by the French state

Could raise up to €1 billion

M&A activity grew by $8 billion year-on-year

Funding led by Blackstone and Coatue

The JV consists of seven data center assets across the US