US data center firm DC Blox has increased its green loan debt facilities.

The colocation firm has announced an expansion of its green Senior Secured Credit Facilities loan (SSCF) to $850 million, increased from the original $265 million secured in October of 2024.

The company said the increased commitment will support current and future development across its data center portfolio, including multiple pre-leased hyperscale data center projects in the broader Southeastern United States.

“Our best-of-breed financing terms and execution with our finance partners speaks volumes of our track record of execution and our strong customer composition,” said Melih Ileri, chief investment officer of DC Blox. “We were able to further develop our finance relationships with this loan and set ourselves up for accelerated growth. This financing also validates our development and operational capabilities, such as our ability to secure powered land, deliver projects on time, and meet the requirements of hyperscale customers.”

On the expanded SSCF, First Citizens Bank, Bank of America, Capital One, N.A., Citizens Bank, N.A., ING Capital LLC, and TD Securities have acted as Coordinating Lead Arrangers, First Citizens Bank acted as Admin Agent, and ING Capital LLC acted as Green Loan Structuring Agent. A&O Shearman acted as the borrower’s legal counsel, and Paul Hastings acted as the lenders’ legal counsel.

DC Blox has data centers in operation and development across Tennessee, Alabama, Georgia, South Carolina, North Carolina, Indiana, and Georgia, and has cable landing stations in South Carolina and Florida. The company says its footprint totals 470MW and 2.78 million sq ft (258,270 sqm) across 23 facilities.