The Vantage Data Centers New Albany Campus is a hyperscale data center development being developed in New Albany, Ohio, United States. The project is supported by an additional US$5 billion in green financing secured by Vantage Data Centers. Furthermore, it will be used to fund construction at the New Albany campus and to extend existing financing facilities for further data center development across North America. Following this financing, Vantage Data Centers has access to a total of approximately US$8 billion in funding to support its regional expansion and meet projected demand for hyperscale data center services.

Other than Vantage Data Centers, data centers across Ohio such as the Springfield data center facility in Prime Ohio Corporate Park are springing up based on recent surge in AI infrastructure.

Developers of the $1.3B Springfield data center facility in Ohio, 5C Group, have provided a green plan for the project. The site sustainability plan comes at a time when data centers are receiving major backlashes and opposition for hoarding resources. Many communities in the U.S. note that commercial-scale data centers are becoming notorious for their high consumption of resources. These mainly include water and electricity.

However, 5C Group has noted that it has a game plan on the project located at Prime Ohio corporate park. “We support a greener future for AI through innovative and environmentally conscious data center and compute AI infrastructure solutions,” they noted in their website. Moreover, it notes that it will source at least 30% of its power from wind, solar and/or nuclear power generating facilities.

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Ohio Campus to Deliver Massive Capacity by 2025

A significant portion of the funding, $2.25 billion, has been dedicated to fully fund Vantage’s ambitious New Albany campus. Located just outside Columbus, this 70-acre site is set to house three large-scale data centers with a combined capacity of 192 megawatts and 1.5 million square feet of space. The first of these facilities is scheduled to go online by December 2025, reinforcing Vantage’s commitment to delivering high-performance digital infrastructure at scale.

Strengthening Vantage Data Centers North American Expansion

Alongside the Ohio project, Vantage also expanded an existing green corporate credit facility by $2.75 billion, raising the total to $5.75 billion. This will allow the company to secure land and build future campuses across key North American markets. The transaction was backed by a strong banking syndicate, including Wells Fargo Securities, TD Securities, Truist Securities, and Scotiabank. These strategic partnerships reflect growing investor confidence in Vantage’s growth strategy and operational excellence.

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Backed by a Green Vision

Both financing deals were arranged under Vantage Data Centers Green Finance Framework, which emphasizes sustainability in every phase, from design and construction to operations. According to Rich Cosgray, the company’s Senior VP of Global Capital Markets, the financing signals more than just growth, it represents a commitment to environmentally responsible development. With this strong financial footing, Vantage is well-positioned to deliver fast, scalable, and sustainable digital solutions to support the evolving global economy.

Project Overview

Total Investment: $5 billion in new green loan financing; $8 billion total platform funding

Location:

Primary Focus: New Albany, Ohio (70-acre campus)

Additional Growth: Various sites across North America

Scope of Work:

Construction of three pre-leased hyperscale data centers

Total capacity of 192MW and 1.5 million square feet at Ohio campus

Expansion of corporate credit facility for future land acquisitions and developments

Timeline:

First Ohio facility operational by December 2025

Ongoing development timelines for other sites under North America platform

Financial Partners:

$2.25B New Albany financing led by MUFG and Societe Generale

$2.75B upsizing of existing credit facility arranged by Wells Fargo Securities, TD Securities, Truist Securities, and Scotiabank

Legal Advisor: White & Case LLP

Sustainability Focus:

All financing secured under Vantage’s Green Finance Framework

Projects aim to meet high environmental standards during construction and operation

Purpose:

To meet rising demand for hyperscale data infrastructure

To reinforce Vantage’s position as a top-tier global digital infrastructure provider