EdgeConneX considers up to $4B debt financing for Texas data center

EdgeConneX is exploring as much as $4 billion in debt financing for a data center project in Texas, according to people familiar with the matter. The financing would support the company’s aggressive expansion in Bastrop County, Texas, where EdgeConneX filed plans in June 2026 for two new data centers, EDCAUS11 and EDCAUS12, each spanning 730,000 square feet. Combined, that’s 1.46 million square feet of compute capacity sitting on a 180-acre site the company acquired in November 2025. The Texas data center gold rush Bastrop County has become a particular hotspot for this convergence. The area already hosts a cluster of data center developments, including facilities linked to blockchain and cryptocurrency operations. EdgeConneX’s own phased AUS01 campus in Bastrop, valued at $1.44 billion, is already in development. The new facilities represent a significant escalation of that commitment. A company built for scale EdgeConneX was founded in 2009 and acquired by EQT Infrastructure in 2020. Since then, the company has grown to operate or develop over 90 data centers globally, with a particular focus on AI-optimized, high-density compute environments. The potential $4 billion raise would...