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Switch raises $768 million in data center bond offering

Deal expands firm's securitized portfolio to five US markets
Switch's massive Citadel campus in Sparks, Nevada, includes Reno 1, a 1.36 million-square-foot data center. (Switch)
Switch's massive Citadel campus in Sparks, Nevada, includes Reno 1, a 1.36 million-square-foot data center. (Switch)
CoStar News
April 15, 2026 | 7:40 P.M.

A Las Vegas-based artificial intelligence and cloud data center provider has raised about $768 million to close its latest asset-backed securities offering, reflecting the surging institutional appetite for data center infrastructure financing as AI workloads and cloud computing demand reshape the global technology investment.

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News | Switch raises $768 million in data center bond offering