eStruxture Data Centers, a Fengate portfolio company, announces C$1.35 billion financing and first Canadian data center sector asset-backed securities

TORONTO, July 30, 2025 (GLOBE NEWSWIRE) -- eStruxture Data Centers (eStruxture), a Fengate Asset Management (Fengate) portfolio company, has secured C$1.35 billion in new financing to accelerate the development of data centers across Canada. The innovative financing includes C$750 in asset-backed securities (ABS), making it the first rated, Canadian asset-only securitization in the data center sector.

The financing package, which also includes a DevCo Revolving Credit Facility of up to C$600 million of bank financing, will fund eStruxture's expansion as demand for data storage continues to soar.

"This is a major milestone for Canadian digital infrastructure financing, and demonstrates the credit quality, scale, and growth trajectory of eStruxture, the largest Canadian data center platform, and the eStruxture management team's expertise," said George Theodoropoulos, Managing Partner at Fengate.

"The tidal wave of data being generated by artificial intelligence and cloud computing, coupled with a growing focus on data sovereignty, is creating unprecedented demand ...