Data · Datacenter Dynamics
ValorC3 locks in credit facility to fund 10MW data center in Boise, Idaho
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Data center firm ValorC3 has secured new financing to fuel its data center build-out in Idaho.
Key facts
- The company entered the Boise market in 2020 with the acquisition of Fiberpipe Data Centers; the existing 2MW, 45,600 sq ft (4,250 sqm) building, located at 10215 W Emerald Street, was constructed
- The company took over its facility in Oklahoma City with the acquisition of EdgeX Data Centers in 2023
- CVC DIF-owned ValorC3 – previously known as Tonaquint – owns and operates data centers in St. George, Utah; Oklahoma City, Oklahoma; and Boise, Idaho
- What is now ValorC3 was founded in 2008 in Utah as a subsidiary of local developer Kay H
Summary
The company this week announced the successful closing of a credit facility with Apterra Infrastructure Capital. The company said the financing will fund the continued construction of ValorC3's greenfield data center project in Boise, Idaho. The facility is anchored by a long-term lease with “one of the world's leading hyperscale technology companies.” On its website, Valor said it is developing a 10MW built-to-suit facility in Boise for a Fortune 50 technology company, with a second 10MW facility planned.