DC BLOX has taken a significant step in accelerating digital transformation across the Southeast with the closing of a new $240 million HoldCo financing facility from Global Infrastructure Partners (GIP), a part of BlackRock. This strategic funding positions the company to rapidly advance its hyperscale data center expansion while reinforcing its role as a critical enabler of AI and cloud growth in the region.
Strategic growth financing
The $240 million facility from GIP provides fresh growth capital dedicated to DC BLOX’s hyperscale data center strategy, building on the company’s recently announced $1.15 billion and $265 million Senior Secured Green Loans. Together, these financings support the development and construction of an expanding portfolio of digital infrastructure projects designed to meet surging demand from hyperscalers and carriers.
Powering AI and cloud innovation
DC BLOX has emerged as a leader in connected data center and fiber network solutions, with a vertically integrated platform that includes hyperscale data centers, subsea cable landing stations, colocation, and fiber services. This model allows the company to offer end-to-end solutions for hyperscalers and communications providers seeking capacity, connectivity, and resiliency in high-growth Southeastern markets.
Community and economic impact
The new financing is about more than infrastructure; it is also about regional economic development. DC BLOX’s investments help bring cutting-edge AI and cloud technology into local communities, while driving construction jobs, tax revenues, and power grid enhancements that benefit both customers and ratepayers.
“We are excited to partner with GIP, a part of BlackRock, to fuel our ambitious growth goals,” said Melih Ileri, Chief Investment Officer at DC BLOX. “This financing underscores our commitment to serving communities in the Southeast by bringing cutting-edge AI and cloud technology investments with leading hyperscalers into the region, and creating economic development activity through construction jobs, taxes paid, and making investments into the power grid for the benefit of our customers and local ratepayers alike.”
Backing from leading investors
Michael Bogdan, Chairman of DC BLOX and Head of the Digital Infrastructure Group at Future Standard, highlighted that this milestone showcases the strength of the company’s vision and execution. Future Standard, a global alternative asset manager based in Philadelphia with over 86.0 billion in assets under management, leads DC BLOX’s sponsorship and recently launched its Future Standard Digital Infrastructure platform with more than 2 billion in assets. GIP, now a part of BlackRock and overseeing over 189 billion in assets, brings deep sector experience across energy, transport, and digital infrastructure, further validating DC BLOX’s role in shaping the Southeast as a global hub for AI-driven innovation.
Read the full release here.