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DataBank increases credit facility to $1.6 billion for data center expansion

Growing AI, cloud demand drive data center operator's latest capital raising
This data center in Ashburn, Virginia, constructed by DataBank, is set to benefit from the company's latest financing arrangement. (CoStar)
This data center in Ashburn, Virginia, constructed by DataBank, is set to benefit from the company's latest financing arrangement. (CoStar)
CoStar News
October 17, 2025 | 8:13 P.M.

DataBank, a Dallas-based data center operator, expanded its credit facility from $725 million to $1.6 billion to finance data center construction in five major U.S. markets.

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News | DataBank increases credit facility to $1.6 billion for data center expansion