Rowan Digital Infrastructure Secures $1.2bn Financing

US data center developer Rowan Digital Infrastructure has secured $925 million in new financing for the third phase of its flagship Bauxite campus in Maryland, bringing total debt raised for Bauxite to more than $3.1bn. Led by SMBC, MUFG, Mizuho, and Societe Generale, the financing was the first issued under Rowan’s newly established Green Finance Framework.

“These major milestones reflect the market’s confidence in Rowan’s ability to deliver both financial and sustainability performance at the scale our hyperscale customers need right now,” said Charley Daitch, CEO of Rowan. “These accomplishments reflect the continued conviction from Rowan’s customers that our unique approach to hyperscale data center development is shaping the future of this industry.”

“We are proud to partner with Rowan to support the next phase of its growth and sustainability strategy,” added Ralph Cho and Michael Pantelogianis, co-CEOs of Apterra. “These financings highlight Apterra’s ability to deliver tailored, scalable solutions that meet the capital needs of leading infrastructure developers, while advancing the energy transition and digital economy. Rowan’s momentum demonstrates the type of impact our platform seeks to enable across critical infrastructure sectors.”