Rowan Digital Infrastructure, a developer of sustainable hyperscale data centers and a portfolio company of Quinbrook Infrastructure Partners, has secured more than $1.2 billion in financing to accelerate both its data center development initiatives and its sustainability strategy.
Rowan has captured $925 million in new financing for the third phase of its flagship Bauxite hyperscale campus in Maryland, bringing total debt raised for Bauxite to more than $3.1 billion. Rowan’s Bauxite campus will contribute more than 600 megawatts of hyperscale capacity to the company’s growing portfolio of nearly 2 gigawatts in active construction and advanced development across the United States. The financing was the first issued under Rowan’s newly established Green Finance Framework.
Rowan also closed a $300 million corporate credit facility for investment in early-stage development projects, consisting of a term loan and letter of credit facility. The facility was led by Apt