TL;DR

  • DC BLOX expanded its green financing facility to $850 million, more than tripling its original October 2024 loan.
  • The funding will accelerate hyperscale-ready data center and digital infrastructure growth across the Southeast.
  • DC BLOX continues to strengthen regional connectivity through cable landing stations, dark fiber networks, and new hyperscale campuses.
  • Company leadership says the investment supports long-term economic growth and rising cloud and AI demand throughout the region.

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DC BLOX is taking another major step in its mission to build the digital backbone of the Southeast with a significant expansion of its green financing. The company has increased its Senior Secured Credit Facilities loan to $850 million, more than tripling the original $265 million facility secured in October 2024. This infusion of capital will accelerate the development of hyperscale-ready digital infrastructure across one of the fastest-growing data center regions in the United States.

The expanded green loan provides DC BLOX with greater flexibility to fund both current projects and a robust pipeline of new hyperscale data center developments. These include multiple investment-grade, preleased hyperscale facilities across the broader Southeast, where cloud and AI demand continue to rise. The financing reflects confidence in DC BLOX’s ability to consistently deliver complex, large-scale projects for hyperscale customers on time and to specification.

“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.”

DC BLOX has focused on building the foundational digital infrastructure that enables sustained economic growth in the Southeast. The company’s cable landing stations in Myrtle Beach, South Carolina, and Palm Coast, Florida, bring global connectivity to the region, while its dark fiber network across South Carolina and Georgia provides a high-capacity backbone for regional hyperscale data centers. In parallel, DC BLOX continues to expand its footprint of edge and hyperscale campuses in markets including Alabama, Georgia, South Carolina, Tennessee, and Florida.

Leadership at DC BLOX views this financing as a catalyst not only for the company, but for the communities it serves. “DC BLOX is proud of our role in positioning the Southeast for future growth,” said Jeff Uphues, CEO of DC BLOX. “Data centers and the networks that connect them are vital for economic growth and we are thankful to our financing partners, local government leaders, customers, development partners, communities, and employees for sharing the vision and for the tremendous, sustained effort it takes to realize it.” The facility is backed by funds managed by Future Standard, a global alternative asset manager with $93 billion in assets under management and a long track record of investing in transformative infrastructure.

To learn more about DC BLOX’s expanding digital infrastructure platform across the Southeast, read the full press release here.