EdgeCore Digital Infrastructure Completes $1.9 Billion Equity Investment

EdgeCore Digital Infrastructure has secured a $1.9 billion capital investment to expand its hyperscale data center portfolio. This marks the third financing transaction for the firm in 2024, totaling over $4 billion.

This latest capital raise was led by Partners Group and involved multiple global co-investors. The investment will support the development of high-density data centers, crucial for AI-driven demand. EdgeCore's assets and experienced leadership team continue to attract significant investor interest.

CEO Lee Kestler highlighted the firm's readiness to meet the growing demand for high-density data centers, fueled by the AI boom. The new funds will aid in the development of a data center campus in Culpeper, Virginia, among other projects.

Julie Brewer, EVP of Finance, noted the importance of institutional capital partners for scaling operations. The ongoing support from Partners Group underscores the potential growth trajectory for EdgeCore.