EdgeCore Secures USD 1.9 Billion Financing for Mesa Data Center Campus

EdgeCore Digital Infrastructure, a wholesale data center developer, today announced the completion of a USD 1.9 billion debt financing to fund scalable development on its data center campus in Mesa, Arizona. The company, which is owned and operated by Partners Group, a global private market firm, plans to replicate this financing model across its portfolio for other planned developments.

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Also Read: EdgeCore Expands Data Center Campus in Mesa, Arizona

Sustainable Campus Development

The Mesa campus, designed to achieve Leadership in Energy and Environmental Design (LEED) certification and water neutrality, is set to support a minimum of 450 MW of critical load at full build-out. Currently, the campus features one operational data center, with two additional data centers under construction, totalling 206 MW of critical load capacity. EdgeCore said the facility will be engineered to meet current and future customer requirements across 3.1+ million square feet of space.

“The development of scalable data center campuses designed to support the density requirements of hyperscalers is EdgeCore‘s sole focus, and one that we address with sustainable construction, operations and business practices in mind,” said Julie Brewer, SVP of Finance, EdgeCore Digital Infrastructure. “To this end, our Phoenix data center campus in Mesa, AZ is being developed using debt financing from this Green Loan.”

Also Read: EdgeCore Partners With SRP to Achieve Water-Neutral Status for Mesa Data Center

Green Financing for Growth

EdgeCore’s Mesa campus employs an air-cooled design with an ultra-efficient closed-loop chilled water system for temperature regulation. This design has resulted in water usage effectiveness (WUE) rating of nearly zero and power usage effectiveness (PUE) ratings far below the industry average of around 1.50, contributing to the project’s recognition as a Green Loan.

“The construction financing for the Mesa campus is an important milestone for EdgeCore,” said Fentress Boyse, Member of Management, Private Infrastructure Americas, Partners Group. “This financing also represents the largest Green Loan by a Partners Group portfolio company to date.”