DC BLOX Expands Green Financing to $850 Million to Accelerate Hyperscale Data Center Growth in the U.S. Southeast
May 21, 2026
DC BLOX Expands Green Financing to $850 Million to Accelerate Hyperscale Data Center Growth in the U.S. Southeast
DC BLOX, a key player in digital infrastructure development across the southeastern United States, has significantly expanded its green financing capacity, signaling strong momentum for the region’s hyperscale data center market. The company increased its Senior Secured Credit Facilities loan from $265 million to $850 million, more than tripling the original facility secured in October 2024. This capital infusion is set to accelerate the development of hyperscale-ready data centers and supporting digital infrastructure across states including Alabama, Georgia, South Carolina, Tennessee, and Florida.
The expanded green loan provides DC BLOX with the financial flexibility to fund both current projects and a robust pipeline of new developments, including multiple investment-grade, preleased hyperscale facilities. These projects are designed to meet rising demand from cloud computing and artificial intelligence workloads, which continue to drive growth in one of the fastest-growing data center regions in the United States. The financing reflects growing confidence in DC BLOX’s ability to deliver complex, large-scale projects on time and to specification for hyperscale customers.
“Our best-of-breed financing terms and execution with our finance partners speaks volumes of our track record of execution and our strong customer composition,” said Melih Ileri, Chief Investment Officer of DC BLOX. “We were able to further develop our finance relationships with this loan and set ourselves up for accelerated growth. This financing also validates our development and operational capabilities, such as our ability to secure powered land, deliver projects on time, and meet the requirements of hyperscale customers.”
Beyond data center campuses, DC BLOX has been building foundational digital infrastructure that enables sustained economic growth in the Southeast. The company operates cable landing stations in Myrtle Beach, South Carolina, and Palm Coast, Florida, which bring global connectivity to the region. Its dark fiber network across South Carolina and Georgia provides a high-capacity backbone linking regional hyperscale data centers. The company is also expanding its footprint of edge and hyperscale campuses in key markets throughout the region.
Industry analysts view this financing as a sign of the Southeast’s growing importance as a data center hub, driven by favorable land costs, power availability, and proximity to major population centers. The facility is backed by funds managed by Future Standard, a global alternative asset manager with $93 billion in assets under management and a long track record of investing in transformative infrastructure. DC BLOX leadership emphasized that the funding will serve as a catalyst not only for the company but for the communities it supports. “Data centers and the networks that connect them are vital for economic growth,” said Jeff Uphues, CEO of DC BLOX. “We are thankful to our financing partners, local government leaders, customers, development partners, communities, and employees for sharing the vision and for the tremendous, sustained effort it takes to realize it.”
Source: datacenterpost