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Switch secures $2.6 billion for data centers
Bloomberg·
Switch Inc. has successfully secured $2.6 billion in bank pledges to support its electricity procurement for data centers. This substantial funding addresses a key operational challenge and significant cost for the rapidly expanding data center industry. The financing will enable Switch to ensure reliable power supply, crucial for its operations and the growing demand for digital infrastructure. This capital infusion positions Switch for continued growth.
Tags
funding
energy
Original Source
Bloomberg — www.bloomberg.com