Continuing the string of recent announcements of fresh capital infusions into data center companies, DuPont Fabros said it had closed on a $150-million loan Thursday - money it plans to use for a Phase 2 build-out of its data center in Ashburn, Va.

"We are pleased to have secured this loan in a challenging credit environment," DuPont Fabros President and CEO Hossein Fateh said in a statement. "This loan will allow us to continue to make progress on our development pipeline by completing Phase 2 of ACC5. We now expect that ACC5 Phase 2 will be placed in service in October 2010."

The loan came from a group of lenders led by TD Bank. Besides expanding ACC5, DuPont Fabros plans to use the money to repay a current $25-million loan secured by the property in the past. Another $10 million of the new capital will be used to fund an interest reserve required by the new term loan.

The new agreement also allows for new lenders to join the banks that participate already to increase the loan by another $100 million "if certain leasing and other covenants have been met," according to a DuPont Fabros statement.

The company secured two new leases at the Ashburn facility in November. One is a five-year agreement for 1.138 MW and the other provides 2.275 MW over the course of 12 years.

Phase 1 of the facility was 79 percent leased as of Nov. 30, 2009, and the second phase was 50 percent leased.