VIRTUS Data Centres, a pure-play data center developer-operator and part of the STTGDC Group, recently secured a £2.45 billion ($3.2 billion) financing package to support the continued development and expansion of data centers across the United Kingdom and Europe.
The financing package, provided by a strong consortium of 13 banks, is one of the largest data center bank financings completed in the United Kingdom to date.
The £2.45 billion ($3.2 billion) of committed funding includes a £1.2 billion ($1.6 billion) green capex facility, available through both term and revolving tranches, providing flexibility to fund expansion and support its growth ambitions.
VIRTUS said the financing strengthens its balance sheet and provides a framework to support the next phase of expansion. This includes the development of the company’s 78-megawatt, AI-ready Saunderton campus in Buckinghamshire, future investment in LONDON19 in Slough and ongoing expansion across Europe.
