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Massive $5B Investment to Drive Vantage Data Centers Expansion in Ohio and Beyond

Home » Buildings » Data Center » Massive $5B Investment to Drive Vantage Data Centers Expansion in Ohio and Beyond

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In a bold move to support its rapid expansion in the digital infrastructure space, Vantage Data Centers has secured an additional $5 billion in green financing. This major financial boost will directly support the construction of its New Albany, Ohio campus, as well as extend existing funding for further development across North America. With this new injection, Vantage now has access to a total of $8 billion to grow its operations and meet escalating demand for hyperscale data services.

Also Read Crusoe Secures Additional $11.6B to Expand AI Data Center Campus in Abilene, Texas

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.

Also Read Massive $12.6B Data Center Project Gains Support in Wyandotte County, Kansas

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

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