News
04 February 2025

DataBank raises $850m in equity

In:
Telecoms and Communications
Region:
Americas

Edge data centre operator DataBank has announced a $250 million equity investment from TJC and a $600 million secondary share offering. The new funding resulted from excess investor interest in the $2 billion primary equity round announced in October 2024, and brings the total debt and equity...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
27 March 2026

Are climate funds a good fit for DFIs?

DFIs are increasingly turning to funds to deploy their capital, with the product increasingly rivalling project finance structures. But the benefits in scale and risk...

Perspective
31 March 2026

Has SkyNRG removed doubts about SAF’s future?

The financing for SkyNRG’s DSL-01 SAF plant represents a bold bet on the fuel by its offtaker KLM. Until the industry can silence doubts about costs and policy support,...