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Switch raises $659 million in latest data center securities deal

Offering is backed by revenue from 10 facilities serving nearly 500 customers across four states
Properties in the portfolio financing include the data center in Austell, Georgia, completed in 2023. (Greg Riegler/CoStar)
Properties in the portfolio financing include the data center in Austell, Georgia, completed in 2023. (Greg Riegler/CoStar)
CoStar News
October 21, 2025 | 7:33 P.M.

Switch Data Centers announced the successful close of its fourth asset-backed securities offering collateralized by revenue streams on some of its newest projects, raising nearly $659 million.

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