DigitalOcean secures $725M financing facility from MUFG
DigitalOcean Holdings secured a $725 million equipment finance facility to fund purchases of data center equipment. The facility includes an ...
Tag: data center
Landlords, electricity, municipal pushback weigh on data center lending
Landlords, tenant quality, municipal pushback and electricity costs are increasingly factoring into underwriting strategies for data center hardware as equipment lenders look ...
Competition heats up among construction lenders, dealers
Construction lenders and dealers are working to edge out the competition amid growing demand for equipment and flexible financing solutions. ...
AI sales start to justify data-center spending boom, report says
Revenue from artificial intelligence has reached a tipping point, showing that the hundreds of billions of dollars tech companies are ...
‘Unprecedented’ memory shortage complicates data center hardware financing
Although the data center and AI boom is unleashing myriad financing opportunities, it’s also forcing equipment lenders to rethink conventional ...
US construction spending on data centers eclipses $50 billion
Spending on data-center construction in the US eclipsed $50 billion in April for the first time, according to Census Bureau ...
Trinity Capital provides up to $35M to Torus
Trinity Capital has committed up to $35 million in equipment financing to Torus, an energy technology company focused on energy ...
Construction lenders dig into data center gold mine
Construction equipment lenders are fattening their portfolios in the wake of the data center boom, and flexible financing is key ...
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