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.
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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
