Flexential has secured an $800 million credit facility to accelerate data centre development across its US platform, targeting markets with strong customer growth and rising infrastructure demand. The financing will support more than 130 megawatts of new capacity.
The oversubscribed facility, originally targeted at $500 million, was increased by 60 percent following strong demand from eleven digital infrastructure banks. TD Securities served as administrative agent and coordinating lead arranger, with RBC Capital Markets and J.P. Morgan also acting as coordinating lead arrangers. Goldman Sachs, ING, SMBC, Bank of America, and KeyBanc joined as lead arrangers, while Flagstar, Citibank, and Investec served as co-documentation agents. Flexential’s sponsors, GI Partners and MSIP, will continue providing equity investment alongside the new debt capacity.
Several projects are already under construction, including a 36 MW facility in Atlanta-Douglasville, Georgia, and another 36 MW facility in Portland-Hillsboro, Oregon. The company is also developing a 22.5 MW facility in Denver-Parker, Colorado, with a further 36 MW planned for Portland-Hillsboro and a 4.5 MW expansion adjacent to its existing Atlanta-Norcross operations. Together, these developments will add more than 130 MW of capacity to serve enterprise customers and increasingly demanding artificial intelligence workloads.
Flexential operates 40 data centres across 18 highly connected US markets through its FlexAnywhere platform, which provides colocation, cloud, interconnection, and data protection services across a private network backbone exceeding 100 Gbps. Chief executive Ryan Mallory said customers are planning infrastructure needs years ahead, and the financing allows the company to invest before that demand arrives. The strategy is designed to prepare infrastructure before customers require additional capacity, giving them room to respond to changing requirements.
The transaction highlights continued capital availability for digital infrastructure as data centre demand increases alongside cloud adoption and AI development. Operators are expanding capacity across markets with strong connectivity and power availability. Flexential’s infrastructure focuses on security, compliance, and resiliency, allowing customers to manage demanding computing requirements through a single platform.
The new credit facility strengthens Flexential’s ability to respond quickly to future demand as AI workloads place greater pressure on data centre infrastructure. The company expects these investments to support customers as infrastructure requirements continue evolving, with its growing national footprint positioned around these opportunities.