News
07 March 2025

Novva’s Salt Lake City data centre secures $2bn

In:
Telecoms and Communications
Region:
Americas

CIM Group and Novva Data Centers have closed on a new commitment of $2 billion in financing from J.P. Morgan and Starwood Property Trust for a data centre project in Utah.Funding will be used to complete the build-out of the second and third phases of construction on Novva’s flagship 175MW...

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
23 January 2026

Exile Group partners with Bridgepoint to support next level...

Exile Group welcomes Bridgepoint, a leading mid-market investor, which will take a minority interest in the leading provider of events and intelligence for the export, trade,...

Perspective
31 January 2026

Ilute Solar: DFIs support an African merchant pioneer

Zambia’s Ilute solar project reached financial close without a sovereign guarantee, using a layered capital structure to absorb merchant price risk. It provides a template for...