Switch closes fourth ABS offering, US

Switch has closed its fourth ABS offering after raising around $659 million

DataBank increases financing for data centre projects, US

Chicago-based DataBank, a provider of edge colocation, interconnection and managed cloud services, has upsized its existing $725 million credit facility to $1.6 billion to finance its ongoing and future data centre construction projects

Firmus expands Project Southgate, Oz

Firmus Technologies has expanded Project Southgate through a strategic alliance with CDC Data Centres and Nvidia, advancing Australia’s renewable-powered AI infrastructure and scaling total planned capacity to 1.6GW

Bain Capital-backed Thai data centre advances

Bain Capital-backed Bridge Data Centres signed a 10-year industrial water purchase agreement with Eastwater Stecon Utilities for its hyperscale data centre campus in Chonburi Province

Zayo appoints president, COO, US

Zayo has appointed Chris Brown as president and chief operating officer

Patria reaches $2.9bn for fifth infra fund

Latin America-focused investor Patria has closed its fifth infrastructure fund at $2.9 billion in total commitments, amassing the largest pool of private infrastructure capital to date for Latin America

TeraWulf prices offering, New York

TeraWulf has priced a $3.2 billion offering of senior secured notes due 2030 at 7.750% for the financing of its data center expansion in New York

NordLB backs EXA refi

NordLB has joined as co-underwriter and joint bookrunner on a €1.3 billion refinancing package for I Squared-backed EXA Infrastructure – one of the largest fibre infrastructure financings in Europe this year