DC BLOX lands $850M green loan for Southeast hyperscale data center expansion

The additional capital will also support existing and future projects, including those already pre-leased.

“Our best-of-breed financing terms and execution with our finance partners speaks volumes of our track record of execution and our strong customer composition,” says Melih Ileri, chief investment officer of DC BLOX. “We were able to further develop our finance relationships with this loan and set ourselves up for accelerated growth. This financing also validates our development and operational capabilities, such as our ability to secure powered land, deliver projects on time, and meet the requirements of hyperscale customers.”

The financing is provided by Future Standard, a prominent alternative asset manager. First Citizens Bank and Bank of America arranged the loan.

The announcement reflects growing investor confidence in second-tier U.S. markets, particularly the Southeast where power availability, fiber connectivity, and land economics are becoming increasingly attractive compared to constrained Tier 1 metros like Northern Virginia. 

Strategically, this positions DC BLOX as a serious regional infrastructure player capable of supporting AI, cloud, and edge workloads with scalable hyperscale campuses and integrated fiber assets. 

The “green loan” structure is also notable because it shows sustainability-linked financing is becoming mainstream in digital infrastructure, especially for operators that can demonstrate energy efficiency, renewable integration, and modern facility design. More broadly, the deal underscores how infrastructure capital is shifting toward operators that can secure power, deliver capacity quickly, and meet hyperscaler requirements in emerging regional markets. A trend increasingly shaping the next phase of U.S. AI data center expansion.

Article Topics

data centers  |  DC Blox  |  digital infrastructure  |  infrastructure investment