US data center firm Serverfarm has brought its existing revolving credit facility to $3.89 billion in commitments, closing an additional $895 million.

The additional funding was secured last month and will be used to support its data center projects across North America. This includes the company’s Houston campus in Texas, its Clarksville campus in Arkansas, and its Atlanta campus in Georgia.

“This $3.89 billion credit facility strengthens the capital foundation behind our development pipeline across North America at a time when speed, reliability, and execution matter most to our customers,” said Avner Papouchado, CEO of Serverfarm. “Having readily available capital enhances our ability to deliver the infrastructure our customers need while continuing to scale responsibly across our key markets.”

The facility is supported by a syndicate of 22 banks and one institutional lender.

Serverfarm was founded in 2009 by real estate development firm Red Sea Group. It was acquired by Manulife in 2023.

The company operates 11 data center campuses across the US, including the previously mentioned sites, as well as sites in Chicago, Washington, Northern Virginia, Los Angeles, and Toronto. It also operates three more sites across Amsterdam, the Netherlands; London, UK; and Tel Aviv, Israel.