CyrusOne, a global leader in data center ownership and development, has announced the closing of a $7.9 billion Warehouse Credit Facility. This transaction builds on the $1.8 billion Revolving Credit Facility secured in May, bringing the total additional debt capital raised to approximately $9.7 billion. The new funding will primarily support existing and future development projects in the United States, while the global Revolving Credit Facility will be utilized for working capital and general corporate purposes. Both facilities are sustainability-linked, with pricing adjusted based on meeting targeted reductions in greenhouse gas emissions.
Over the past year, CyrusOne has enhanced its services to meet the rising demand for AI applications while reinforcing its sustainability commitments. In 2023, the company introduced Intelliscale, an AI-specific data center solution designed to handle the growing needs of AI workloads. Furthermore, CyrusOne has accelerated its net-zero carbon pledge, aiming to achieve this goal by 2030, a decade ahead of its original schedule.
Key Points:
- Closed $7.9 billion Warehouse Credit Facility for U.S. development projects.
- ombined with May’s $1.8 billion Revolving Credit Facility, totaling $9.7 billion in additional debt capital.
- Both facilities are sustainability-linked, with pricing based on greenhouse gas emission reductions.
- Launched Intelliscale in 2023 to support AI workloads.
- Accelerated net-zero carbon pledge to 2030.
CyrusOne, which was founded in 2000 and is headquartered in Carrollton, Texas, a suburb of Dallas, serves enterprise, hyperscale, and colocation customers.
CyrusOne’s data centers are located in the following regions:
- United States: Dallas, Houston, San Antonio, Austin, Phoenix, Tucson, Los Angeles, San Jose, Silicon Valley, and Fort Lauderdale
- United Kingdom: Manchester and London
- Singapore