Serverfarm secures $3.0B lending package to accelerate hyperscale campus roll‑out

Serverfarm has closed a substantial syndicated loan that establishes a near-term funding runway for several large-scale data center campuses across North America. The package, arranged by institutional lenders with TD Securities acting in a lead role, is explicitly intended to accelerate projects designed for extremely high compute density and rapid customer deployment. A flagship Houston site in the portfolio is being positioned to support more than 500 megawatts of power across roughly 250 acres, with the electrical layout including dual on‑site substations to support resilient, high-power operations. In the Atlanta area, the company plans an almost 500,000 square foot facility intended to deliver approximately 60 megawatts of critical IT load for a single hyperscaler tenant, reflecting the market for purpose-built, tenant-dedicated campuses. In Toronto, Serverfarm will add a modest but targeted 4 megawatts of capacity at an existing location to capture local hyperscale demand. The lender group comprises two dozen institutional participants, providing both scale and diversification of capital sources that reduce project financing risk. Executives framed the financing as a competitive lever: faster break ground and faster delivery matter when customers are racing to deploy GPU clusters and other dense infrastructure. For investors and market watchers, the deal signals confidence from financial partners in the persistent demand for AI-optimized wholesale capacity, and it embeds a capital solution that should shorten lead times versus piecemeal project funding. Operationally, the financing will be used for land development, substation construction, and the kinds of mechanical and electrical systems needed for high‑power server environments. The move also tightens Serverfarm’s ability to offer turnkey hyperscale builds to cloud providers and AI developers that require predictable timelines and turnkey power. Risks remain: execution on large campuses requires timely permitting, supply‑chain alignment for specialized cooling and power gear, and sustained customer commitments to absorb the capacity. If managed well, the facility could translate into faster revenue ramp from large, multi‑year buildouts and a stronger competitive position in the North American hyperscale market.