Yahoo! Finance covers DataBank’s $2 billion construction financing for its Red Oak campus, located roughly 20 miles south of downtown Dallas. The company’s largest financing to date, will fund three fully leased facilities totaling 600,000 square feet and 180MW of power capacity, part of a planned eight-building, 480MW campus.

The financing reflects growing demand for inference computing facilities built close to population centers, where proximity to fiber networks enables faster AI model delivery to end users. JLL projects inference computing will grow from 9% of data center workloads in 2025 to 37% by 2030.

“Why do data center users want to be close to metro markets? Because that’s where most of the fiber is and that’s where people are. Who consumes these products? People.”

— Raul Martynek, CEO, DataBank

The piece also addresses headwinds in the lending market, with Martynek acknowledging that syndication slowed during the financing process, a dynamic that led DataBank to source financing for a fourth building through private placement rather than syndication. The four buildings together will total 240MW, with the first expected to deliver in Q3 2026 and the last by end of 2027.

Read the full article at Yahoo! Finance.