Data center operator Switch has reportedly raised $659 million through its fourth asset-backed securities offering, which qualifies as green bonds due to the company’s sustainable facilities. The funding will support expansion across five campuses serving hyperscale, enterprise, and AI customers. Sources indicate this brings Switch’s total ABS fundraising to $3.5 billion.
Major Funding for Sustainable Data Center Growth
Switch, the Las Vegas-based data center operator, has reportedly secured $659 million through its latest asset-backed securities offering, according to company announcements. This marks the fourth such financing round for the company, bringing its total ABS fundraising to approximately $3.5 billion. Industry analysts suggest this substantial capital injection demonstrates continued investor confidence in digital infrastructure despite broader market uncertainties.