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XPDB

XPDB

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$19.40

+5.55%

Alpha Vantage · 3/14/2024

Industry: —Category: —Currency: USDNews: 1 recent
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citybiz·64 signal
Rowan Digital Infrastructure Secures $1.5 Billion in Financing to Expand Data Center Pipeline

Rowan Digital Infrastructure, a Denver-based hyperscale data center developer, has secured over $1.5 billion in additional corporate financing through credit facilities led by Apterra Infrastructure Capital and Citibank, N.A. This financing includes an expansion of their existing term loan and new revolving credit and letter of credit facilities, bringing their total financing over the past 18 months to more than $8 billion. The capital will accelerate the development of Rowan's 5.5-gigawatt data center pipeline across multiple U.S. markets, supporting land acquisition, power procurement, and equipment orders.

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