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DC BLOX Raises $240M from BlackRock for AI-Ready Infrastructure

DC BLOX secured a $240 million HoldCo financing facility from Global Infrastructure Partners, part of BlackRock, to support the expansion of its hyperscale data center and fiber platform across the Southeastern United States. The new facility adds growth capital as demand accelerates for AI-ready capacity and regional connectivity in emerging U.S. markets.

The financing follows DC BLOX’s previously announced $1.15 billion and $265 million Senior Secured Green Loans, which back development and construction across the company’s expanding digital infrastructure portfolio. DC BLOX operates a vertically integrated model that combines hyperscale data centers, subsea cable landing stations, colocation, and regional fiber, targeting hyperscalers and carriers building distributed AI and cloud architectures closer to end users.

With the additional capital, DC BLOX aims to accelerate new builds and expansions in Georgia, South Carolina, Florida, and Alabama. The company positions the investment as a catalyst for regional economic development, including construction activity, power grid investment, and improved connectivity to global networks.

“We are excited to partner with GIP, a part of BlackRock, to fuel our ambitious growth goals,” said Melih Ileri, Chief Investment Officer of DC BLOX. “This financing underscores our commitment to serving communities in the Southeast by bringing cutting-edge AI and cloud technology investments with leading hyperscalers into the region.”

🌐 Analysis

The financing highlights continued capital inflows into regional data center platforms as hyperscalers diversify away from traditional Tier-1 hubs and prioritize latency, power access, and resiliency. DC BLOX’s vertically integrated model mirrors broader industry moves by data center and fiber operators to bundle compute, terrestrial fiber, and subsea connectivity as AI workloads drive higher bandwidth and reliability requirements.

🌐 We’re tracking the latest developments in data centers and AI infrastructure. Follow our ongoing coverage at: https://convergedigest.com/category/data-centers/

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