Serverfarm Secures $3 Billion Credit Facility to Accelerate North American Hyperscale Build-Out

New updates have been reported about Serverfarm.

Serverfarm has secured a $3.0 billion credit facility, backed by a syndicate of 23 institutional lenders, to fund a major expansion of its AI-ready hyperscale data center footprint across North America. The financing, closed in December 2025, underpins development of a 500MW-plus hyperscale campus on 250 acres in Houston’s energy corridor with dual on-site substations, a 498,960-square-foot facility in Covington, Georgia offering 60MW of IT load for a single hyperscale customer, and a 4MW expansion at its existing Toronto site to support Canadian growth for a global cloud tenant. TD Securities acted as administrative agent and joint lead arranger on the transaction, which materially scales Serverfarm’s balance sheet capacity to meet surging AI and cloud infrastructure demand.

CEO Avner Papouchado said the facility provides the capital foundation to accelerate delivery of high-density, GPU-focused infrastructure, emphasizing that speed to market is now a key competitive differentiator for cloud providers and AI innovators. The new funding is expected to enable faster execution of Serverfarm’s standardized campus design, shortening time-to-deployment for large-scale customers and reinforcing its position in strategically important markets including Houston, Atlanta, and Toronto. Backer Manulife Investment Management, through its infrastructure platform, highlighted continued interest in deploying capital into global data center assets and reiterated its support for Serverfarm’s growth strategy. With over 25 years of development experience and a portfolio spanning North America, Europe, and Israel, Serverfarm is positioning this facility as a catalyst to scale its AI-ready, water-efficient, high-performance data center platform and to capture a larger share of the accelerating hyperscale and AI infrastructure cycle.