LATEST NEWS

DataBank Establishes $725M Financing Facility to Support Growth. Read the press release.

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DataBank Press Releases

DataBank Press Releases

Keep up with new announcements from DataBank on expansions and other developments.

Recent Press Releases

ataBank-NYI partnership will make interconnection easier and more cost-effective
April 22, 2024
DataBank and NYI Partner to Offer Enhanced Connectivity Ecosystem in NYC

The DataBank-NYI partnership will make interconnection easier and more cost-effective at 60 Hudson Street, the most connected digital hub in the U.S.

Universal Data Hall Design
April 11, 2024
DataBank Named “Data Center Solution of the Year” in 2024 Data Breakthrough Awards

DataBank was selected “Data Center Solution of the Year” in the Data Breakthough Awards for its Universal Data Hall Design, accommodating traditional and High-Performance Computing infrastructure requirements.

DataBank Establishes $725M Financing
April 9, 2024
DataBank Establishes $725 Million Financing Facility to Support the Next Phase of Expansion

DataBank’s latest round of financing is a flexible vehicle that will allow company to accelerate construction projects to meet surging demand for data center capacity driven by A.I. workloads.

April 1, 2024
DataBank Completes Lease Buy-Back for LAS1 Data Center in Las Vegas

DataBank’s purchase of the LAS1 data center aligns with strategy of owning the largest edge data center footprint in U.S.

February 15, 2024
DataBank Raises $456 Million in Fourth Securitization of the Past Three Years

DataBank Raises $456 Million in Fourth Securitization of the Past Three Years. This financing represents first green financing and supports its goal of being carbon neutral by 2030.

January 10, 2024
DataBank Announces Second Expansion of Data Center on the Utah Silicon Slopes

DataBank announced today a second expansion of the SLC6 data center in Bluffdale, UT near Salt Lake City to help support the growing technology ecosystem in the western U.S. The new development will add 25,000 square feet of raised floor space and 5MW of Critical Power, inclusive of a dedicated catcher reserve block.

November 28, 2023
DataBank Raises $533 Million in Debt & Equity to Finance New Data Center Developments

DataBank raises capital to fund new and expansion facilities to meet the unprecedented demand for data center capacity being driven by artificial intelligence.

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