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Flexential secures $150m in ABS to finance expansion

The group is under a heave expansion drive building across the US with aims to offer more than 220MW and 3 million square feet of capacity, across 19 markets, by year end 2022.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

April 29, 2022 | 1:36 AM BST

Flexential secures $150m in ABS to finance expansion

Ryan Mallory, Chief Operating Officer, Flexential. Source: Flexential

The Tech Capital

Data centre operator Flexential has secured an additional US$150 million in asset-backed securities (ABS) via private placements.

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João Marques Lima

Founder and Editor, The Tech Capital

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