T5 Data Centers Receives $113M Loan

T5 Data Centers, a Dallas, TX-based provider of customizable computing support environments for the enterprise, received a $113m loan.

The round is being led by JP Morgan Chase Bank, NA, and includes investments from Wells Fargo Bank, RBS Citizens Financial Group, and Raymond James.

The company intends to use the resources to expand its [email protected] Data Center Facility, in Plano, Texas, which will deliver 22.5 megawatts of critical IT load power and house 247,000 square feet under roof.

Led by Peter S. Marin, President and CEO, T5 Data Centers is a national data center owner and operator. The company provides enterprise and wholesale colocation data center services to organizations across North America. It currently has data center facilities in Atlanta, Los Angeles, Dallas, and Charlotte with new projects announced in Portland and Colorado.



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