Cologix has closed a $525 million asset-backed securitization (ABS) to support the growing demand for inference AI and cloud workloads. The secured notes are backed by Cologix’s COL4 data center in Columbus, Ohio, and structured with a five-year fixed term.
Deutsche Bank Securities Inc. served as the lead bank on the transaction and legal counsel was provided by King & Spalding.
This marks Cologix’s fourth ABS issuance since 2021 and reflects the company’s continued use of the asset-backed securities market to fund growth. The company will use the proceeds to support strategic investments across Cologix’s Scalelogix℠ and Digital Edge portfolio.
Cologix continues to expand its hyperscale edge footprint across North America, enabling customers to deploy cloud- and AI-ready digital infrastructure at the network edge. This latest ABS financing follows three prior transactions in 2021, 2022 and 2023, further supporting the company’s ability to scale critical infrastructure with speed and confidence.
Cologix continues to prioritize operational sustainability in its growth strategy, maintaining average Power Usage Effectiveness (PUE) and Water Usage Effectiveness (WUE) rates that it claims significantly outperform industry benchmarks. These efficiency measures reflect the company’s commitment to responsible digital infrastructure development as it scales to meet future needs.
Laura Ortman, CEO of Cologix, said, “This financing ensures we’re well-positioned to meet the needs of cloud providers, enterprise, and AI customers seeking reliable, high-density interconnection at the edge.”
For related articles, visit the Data Center Topic Center.
For more information on high-speed transmission systems and suppliers, visit the Lightwave Buyer’s Guide.
To stay abreast of fiber network deployments, subscribe to Lightwave’s Service Providers and Datacom/Data Center newsletters.
