Cologix raises $1.5B to expand AI-ready edge data centers across North America
Cologix, a network-neutral interconnection and hyperscale edge data center company, has secured $1.5 billion in capital through debt and equity financing to support its strategic growth, including a $1 billion debt facility and $500 million in equity.
The financing aims to enhance Cologix’s ability to expand AI-ready data centers in key North American markets, addressing increasing demand for digital infrastructure.
The company plans to develop large-scale campuses in Ashburn, Columbus, and Montréal, and initiate new builds in Columbus, Des Moines, and Vancouver.
“This is a significant milestone for Cologix and demonstrates the continued trust of our investors, both new and existing,” said Scott Schneider, CFO of Cologix. “The combination of debt and equity financing provides us with the flexibility and capital to keep pace with the growing demand for digital infrastructure, particularly as AI, hybrid cloud and interconnection requirements expand. This financing ensures we can continue to scale and deliver on our customers’ needs in a dynamic market.”
This funding follows previous successful capital raises, positioning Cologix for sustained growth in the evolving digital landscape.
Cologix operates carrier and cloud-neutral hyperscale edge data centers across 12 North American markets, focusing on interconnection and scalability for its customers. Cologix recently expanded into the Iowa market with acquisition of two edge data centers hubs.
Article Topics
Cologix | data center | edge data center | funding | hyperscale
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