Data center firm Switch has upped its available debt facility to $9.5 billion.. Rob Roy’s firm now has access to a corporate revolving credit facility of more than $6bn and has expanded its existing Syndicated Uncommitted Performance Letter of Credit Facility (LCF) to $3.5bn.. In April, it revealed it had access to an LCF of $2.6bn..
Switch’s Core data center in Las Vegas – Switch. The company said the credit facilities will help it advance its “fully contracted development pipeline, support gigawatt-scale campus growth and further enhance Switch’s ability to secure the transmission and generation resources required to deliver critical AI and cloud infrastructure at scale.”.
Madonna Park, Switch CFO, said: “Switch has spent decades building an integrated platform to address grid constraints, from large-scale campus development to power procurement and advanced data center design.. “This additional financing capacity gives us greater flexibility to invest in our contracted pipeline and support customer demand, while continuing to deliver mission-critical infrastructure with the discipline and reliability our customers expect.”.
Jon Edwards, EVP and head of capital markets at Switch, added: “This transaction reflects the strength of Switch’s platform and the continued confidence of leading financial institutions in our contracted development pipeline/. “By upsizing our corporate revolver and letter of credit capacity, we are further strengthening our liquidity position and supporting disciplined capital deployment for Switch’s next phase of growth.”.
Founded in 2000, Switch operates its large ‘Prime’ data center campuses in Austin, Texas; Reno and Las Vegas, Nevada; Grand Rapids, Michigan; and Atlanta, Georgia. Over the last year, it has filed to expand further in Austin and Atlanta, and acquired more land in Las Vegas..
DigitalBridge, alongside IFM Investors, took Switch private in an $11bn deal in December 2022. Australian pension fund Aware Super invested $500m into Switch in 2023.. While the company’s initial focus was on traditional enterprise data center workloads, recent years have seen it evolve its business to provide AI-ready capacity to the hyperscalers..
Last week, it was reported that the company was in talks to raise equity at a valuation of $50bn. Investors, including Brookfield Asset Management and KKR, are poised to take part in the funding round, according to a report in The Information.. 09 Feb 2026
