Transaction and financing research

Committed Credit Facility

Specifically supports Q01 phases 3 and 4; separate C$150m accordion is uncommitted.

• Desjardins Group · Administrative Agent Lead Arranger Bookrunner And Lender
• Export Development Canada · Lender
• Scotiabank · Lender

Financing reference 125 · Phase PHS-0720

Investment Commitment

Initial SG6 investment announcement; not a project-financing close.

• Equinix, Inc. · Sponsor

Financing reference 158

Investment Commitment

Operator reports each typical customer hall involves about NOK 250–300 million. This lower-bound record is construction-cost context, not a financing close or amount for every hall.

• Lefdal Mine Data Centers · Other

Financing reference 147 · Phase PHS-0841

Investment Commitment

Upper bound of the same typical-hall investment range; no hall count or funding instrument is inferred.

• Lefdal Mine Data Centers · Other

Financing reference 148 · Phase PHS-0841

Announced Sponsor Capital Program

Initial investment across three campuses; not allocated by site and not evidence of debt.

• Microsoft · Sponsor

Financing reference 121

Land Acquisition Consideration

Approximate purchase price before taxes and transaction costs, with progressive parcel settlement across FY25. This is an acquisition transaction, not construction financing or total project cost.

• NEXTDC Limited · Other

Financing reference 67 · Phase PHS-0391

Forward Takeout

Initial two buildings, 206 MW, 998,000 square feet

• Blue Owl Capital funds · Sponsor
• Crusoe · Joint Venture Partner
• Primary Digital Infrastructure · Adviser
• Primary Digital Infrastructure · Sponsor

Financing reference 1 · Phase PHS-0001

Announced Sponsor Capital Program

Combined Dorchester investment for both campuses; no site split.

• Google · Sponsor

Financing reference 122

Investment Commitment

More than €300M for the new Greek campus; exact schedule, spend-to-date and instrument undisclosed.

• DATA4 Group · Sponsor

Financing reference 153 · Phase PHS-0859

Debt Financing

SGRUTB09 36 MW IT building only: final distributed BRL1,372,775,000, announced approximately US$250m equivalent; six-year BRL debt swapped to USD. Fourth secured non-convertible debenture issue in two series. Closing announced August 19, 2024; issue date August 10. Bradesco BBI lead coordinator; UBS BB, Banco Santander Brasil and Itau BBA co-coordinators; Oliveira Trust fiduciary agent; Banco Bradesco registrar/settlement agent. These roles do not identify ultimate bondholders. Only the independently screened lead coordinator is structurally linked. BRL1.5bn trustee-report volume differs from final distributed amount and is not substituted. Not total campus capex.

• Banco Bradesco BBI S.A. · Arranger

Financing reference 359

Investment Commitment

Combined SPO2/SPO3 acquisition and up-to-100 MW expansion program; no site allocation or financing close disclosed.

• Elea Data Centers · Sponsor
• Piemonte Holding · Joint Venture Partner

Financing reference 168

Investment Commitment

Piemonte estimate across SPO2 and SPO3; not purchase price and not allocated by site.

• Piemonte Holding · Other

Financing reference 169

Regional Platform Loan

IFC financing to WIOCC for regional data-center and fiber expansion; no LOS1 allocation.

• International Finance Corporation · Lender
• WIOCC Group · Borrower

Financing reference 130

Regional Platform Loan

IFC financing to WIOCC for regional data-center and fiber expansion; no LOS1 allocation.

• International Finance Corporation · Lender
• WIOCC Group · Borrower

Financing reference 131

Regional Platform Loan

Proparco financing to WIOCC for regional expansion; no LOS1 allocation.

• Proparco · Lender
• WIOCC Group · Borrower

Financing reference 132

Planned Nigeria Loan

The announcement described a planned RMB loan; closing status and LOS1 allocation have not been publicly disclosed.

• Rand Merchant Bank · Planned Lender
• WIOCC Group · Planned Borrower

Financing reference 133

Investment Commitment

Original Phase 1/project investment; conflicts with later approximately USD 45 million official description.

• Equinix, Inc. · Sponsor

Financing reference 38 · Phase PHS-0118

Investment Commitment

AWS European Sovereign Cloud investment through 2040; not allocated to Brandenburg sites or a single phase.

• Amazon Web Services · Sponsor

Financing reference 28

Investment Commitment

AWS announced $11 billion for a New Carlisle data center campus, conditional on long-term energy service agreements. This is a planned capital investment, not a loan.

• Amazon Web Services · Sponsor

Financing reference 351

Hoosier Business Investment Credits

Financing reference legacy-financing-AST-B1-052

Investment Commitment

Direct ZRH2 campus investment announcement; not described as a debt close.

• Vantage Data Centers · Sponsor

Financing reference 25 · Phase PHS-0051

Debt Financing

Benefits STACK Milan campuses; no MIL01-only allocation disclosed.

• STACK Infrastructure · Borrower

Financing reference 24

Investment Commitment

Loan funds development of TPE11; not represented as total project cost.

• Cathay United Bank · Lender
• CTBC Bank · Lender
• Vantage Data Centers · Sponsor

Financing reference 165 · Phase PHS-0897

Project Capital Investment

Site-specific Waltham Cross investment announcement.

• Google · Sponsor

Financing reference 95

Initial Joint Venture Equity Contribution

Approximate initial Blackstone contribution for an 80 percent interest; remaining development costs funded pro rata.

• Blackstone · Initial 80 Percent Equity Investor
• Digital Realty Trust · Initial 20 Percent Equity Investor And Manager

Financing reference 92