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Global demand for high quality hyperscale colocation capacity for cloud and AI deployments continues to accelerate in the North American market, which is significantly constrained for large, campus-scale near-term capacity.
With a portfolio of secured powered land, supply chain commitments and award-winning design, construction and operations teams, the Serverfarm platform is uniquely positioned as a trusted hyperscale partner to deliver to these demands with speed and at scale.
“Following our recent 500MW+ Houston announcement, we’re delighted to have access to additional capital to support Serverfarm’s strong track record of providing near-term capacity to key customers”, said Avner Papouchado, CEO, Serverfarm. “Rapidly accelerating cloud and AI demand together with long-term and sizable commitments from hyperscale customers is driving growth across the Serverfarm portfolio.” [See attached image]
“We are grateful for our financing partners and look forward to continuing to build on the strategic long-term relationships we have with them,” said Recep Kendircioglu, Global Head of Infrastructure, Manulife Investment Management. “The strong interest that we have received from the lender community is a testament to the strength of the Serverfarm platform and the company’s significant growth potential.”
The upsize added seven new lenders to the banking syndicate, which now totals 19 lenders.
