Vantage Data Centers has raised $2 billion in financing to support the development of its North American portfolio.

The financing facility will specifically support early-stage development, which Vantage said will strengthen its ability to fund projects and delivery capacity at pace, as well as advance its strategy to build a more “durable and flexible capital platform.”

The facility is structured as a five-year revolving credit facility, and includes an initial collateral pool of three development assets, though Vantage will be able to add more assets over time.

Vantage said the financing expands the company’s options in funding development and also serves as a warehouse facility for growth in customer demand.

“The newly established development facility is a strategic addition to Vantage’s capital platform, providing committed development-stage financing backed by a broader and more diverse investor base,” said Scott Beasley, global CFO, Vantage. “It reflects the scale of our platform, the quality of our development pipeline and the strength of our institutional relationships.”

Vantage has secured a range of financing deals this year for use across its portfolio globally, including £254 million ($343.3 million) in asset-backed securities for facilities in Wales, UK; a $300 million investment from Australian pension fund Aware Super for Vantage’s Asia Pacific business; and a $2.4 billion debt facility arranged by Ares Management Corporation for development of its North America portfolio.

Vantage said that, to support its global growth plan, it has secured more than $40 billion this year alone.