US data center firm Rowan Digital Infrastructure has secured billions of dollars in new financing.

The company this week announced that it has secured nearly $3 billion in debt financing to support the construction of its turnkey data center campus in Temple, Texas.

Rowan said the transaction represents the largest financing in the company’s history, and will support the development of a 300MW campus.

The financing was completed under Rowan’s Green Finance Framework. This latest financing brings the total secured under the green framework to $4.4bn across three projects in just the past year.

“This transaction reflects both the scale of demand we’re seeing from the market and the confidence institutional lenders have in Rowan’s platform,” said Rowan CEO, Charley Daitch. “Executing our largest financing to date — and under our Green Finance Framework — underscores our ability to deliver critical infrastructure at scale while maintaining a disciplined and responsible approach to development.”

Rowan broke ground on its Temple development earlier this year. The 300-acre site in Bell County is expected to go live in 2027.

Founded in November 2020, Rowan is backed by energy investor Quinbrook and asset management giant Blackstone. The company is developing data centers in Maryland and Oregon, and has sites in Texas near Temple and San Antonio.