ValorC3 Secures Financing from Apterra for Boise Data Center Development
ValorC3 Data Centers has closed a credit facility with Apterra Infrastructure Capital to fund the continued development of its anchored data center campus in Boise, Idaho, announced in a press release.
The financing will support construction of ValorC3's Boise greenfield project, part of its strategy to develop scalable and energy efficient data center infrastructure in underserved U.S. markets. The facility includes a long term lease with a major hyperscale technology company.
Carter Groves, Chief Financial Officer of ValorC3, said the agreement marks a key step in the company’s growth and will help expand its development pipeline. Apterra’s Co-CEOs Ralph Cho and Michael Pantelogianis described the Boise project as an example of the type of digital infrastructure assets the firm seeks to finance.
The companies plan to build a longer term capital relationship to fund ValorC3's broader expansion across Tier 2 and Tier 3 data center markets in the United States.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Silicon Brief or Daily AI Brief.
Also, consider following us on social media:
More from Data Centers
Nov 4 Supermicro Orders 10,000 SambaNova SN50 RDUs Nov 4 Oracle Ends Reported $7 Billion Tencent AI Chip Deal Nov 4 Google Plans $15 Billion Malaysia Data Center Expansion Nov 4 US voters back data center construction limits Nov 4 Portugal Plans Renewable Power and Water Rules for Data CentersSilicon Brief
Weekly coverage of AI hardware developments including chips, GPUs, cloud platforms, and data center technology.
Market report
2025 Generative AI in Professional Services Report
Thomson Reuters
This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.
Read moreYou may also like
Cedar Investment Group Launches With More Than 2 GW of US Data Center Projects
3C and Datalec merge to form $400 million data center services company
EdgeCore Raises $521 Million Against Silicon Valley Data Center
Venture Global Signs Power Deals for Up to 10 GW of Compute Capacity
Stord Secures $400 Million Credit Facility for Robotics and AI
Daily AI Brief: the AI news that matters, in your inbox.