Switch expands credit facilities to nearly $10 billion
The upsized facilities provide liquidity and credit support for AI data center infrastructure development.
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High-density data center provider
switch.comLast updated
In short: Switch expanded its data center infrastructure and financing, reaching a reported $50 billion valuation following new investment interest.
The upsized facilities provide liquidity and credit support for AI data center infrastructure development.
The facility backs power procurement and transmission projects for data center campuses, reducing costs and improving execution certainty.
The company has raised $4.2 billion through five ABS securitizations since 2024, expanding its master trust into a fifth market.
The power will serve Switch's Nevada data centers, with energy deliveries starting in Q1 2030 after a plant upgrade.
Bloomberg: Sources: data center operator Switch seeks a ~$2B funding round valuing the company at ~$50B, including debt, led by a $400M investment from Andreessen...
Switch, which already operates more than 2 million square feet of data center space near Decatur Boulevard and the 215 Beltway, won approval for ...
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