Keep up with new announcements from DataBank on expansions and other developments.
DataBank CFO Kevin Ooley has been named to Observer’s 2026 A.I. Power Index, recognizing leaders whose capital decisions are shaping the infrastructure powering the artificial intelligence industry.
DataBank has closed $1.45 billion in new financing, including an $800 million revolving credit facility and a $650 million upsize of its Red Oak, Texas campus construction financing.
For the first time, DataBank has earned a spot on the Fortune Best Workplaces in Texas list, coming in at No. 5 out of 75 companies recognized for trust, culture, and employee experience.
DataBank has been named to Inc. Magazine’s 2026 Best Workplaces list, recognized for exceptional employee engagement, outstanding culture, and its unique employee-ownership model.
DataBank earned Gold at the 2026 TITAN Business Awards for its Employee Ownership Program, which made all employees stakeholders and aligned performance with shared success. The program reflects DataBank’s commitment to engagement, accountability, and long-term value creation across its workforce.
DataBank has secured $2.0B in construction financing to develop the first three data centers on its Red Oak campus in South Dallas. The 180MW, 600,000-square-foot project accelerates delivery timelines and supports sustainable, high-efficiency infrastructure aligned with the company’s carbon neutrality goals.
DataBank and Goodman Group have formed a joint venture to deliver a new 32MW, AI-ready data center in Los Angeles. The project combines Goodman’s global development expertise with DataBank’s operational excellence to address growing demand for high-density, scalable capacity in a supply-constrained market.
DataBank has appointed former Vertiv CEO Rob Johnson and former Roblox CTO Daniel Sturman to its Board of Directors, strengthening its leadership as it expands high-density data centers and interconnection hubs to support accelerating enterprise, hyperscale cloud, and AI infrastructure demand.
DataBank has expanded its credit facility to $1.6 billion, accelerating data center construction and supporting over 100MW of new capacity in key U.S. markets. The green financing underscores DataBank’s commitment to sustainability and positions the company to meet growing demand while advancing its goal of carbon neutrality by 2030.
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