# Flexential Data Center Capex and Sites
Source: https://savrn.com/data-center-capital-atlas/company/flexential
Markdown alternate of the page above; the site index is https://savrn.com/llms.txt

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Named sites

0

Site-level commitments the atlas ties to Flexential

Disclosed site capital

n.a.

Sum of named sites with a stated dollar figure. Not a capex total; see the spending table

Disclosed capacity

n.a.

Sum of named sites with a stated megawatt figure

Financing transactions

4

Transactions naming Flexential or tied to one of its sites

Spending

## Reported and guided spending

Audited, reported and guided figures as the filing or release states them. Reported lines are what was spent; guidance is what management said it expects. They are shown side by side and never combined.

| Period | Kind | Amount | As stated | Sources |
| --- | --- | --- | --- | --- |
| August 2025 | raise | ~$1.0B | approximately $1B of primary equity, August 20-21, 2025, via a GI Partners single-asset continuation vehicle plus a strategic investment from GI Data Infrastructure, anchored by funds managed by Hamilton Lane |  |

Named sites

## Where Flexential builds

Flexential has no named site commitment on record in the atlas as of October 8, 2026. It is recorded through its transactions and sourced facts.

Financing

## Financing transactions

Transactions that name Flexential as a party or attach to one of its named sites. Amounts are as stated; overlapping commitments are never summed.

| Parties | Instrument | Amount | Date | Site | Sources |
| --- | --- | --- | --- | --- | --- |
| Flexential + GI Partners + GI Data Infrastructure + Hamilton LaneFlexential raised approximately $1B of primary equity via a GI Partners continuation vehicle and a GI Data Infrastructure strategic investment. | equity raise | ~$1.0B | August 20-21, 2025 | n.a. |  |
| Flexential + GI Partners + Morgan Stanley Infrastructure Partners + TD Securities + RBC Capital Markets + J.P. Morgan + Goldman Sachs + ING + SMBC + Bank of America + KeyBanc + Flagstar + Citibank + InvestecFlexential closed an $800 million credit facility to fund more than 130 MW of new capacity. Named projects are a 36 MW facility in Atlanta-Douglasville, Georgia, 36 MW in Portland-Hillsboro, Oregon, 22.5 MW in Denver-Parker, Colorado, and a 4.5 MW expansion in Atlanta-Norcross, Georgia. GI Partners and MSIP remain the equity sponsors | debt facility | $800M | Announced 18 August 2026 | n.a. |  |
| Douglas County Board of County Commissioners + FlexentialDouglas County commissioners unanimously approved the rebate for Flexential's 22.5 MW, roughly $205 million Parker data center. The rebate covers equipment, machinery and certain leasehold improvements, not land and buildings | incentive | ≥$19M | Approved 11 August 2026 | Flexential Parker data center (CO) |  |
| Morgan Stanley Infrastructure Partners + GI Partners + FlexentialMorgan Stanley Infrastructure Partners joined GI Partners as co-control investor in Flexential in October 2024, when Flexential held more than 40 data centers and 325 MW built and under development. | equity raise | n.a. | October 2024 | n.a. |  |

The record

## Sourced facts on Flexential

- As of October 2024 Flexential held more than 40 data centers and 325 MW built and under development.

Sources

## Sources for Flexential

Every source cited on this page, once each. The full atlas source register is at [Capital Atlas sources](https://savrn.com/data-center-capital-atlas/sources).

- flexential.com[Flexential press release](https://www.flexential.com/resources/press-release/gi-partners-strategic-investment-in-flexential)
- flexential.com[Flexential blog](https://www.flexential.com/resources/blog/flexential-secures-funding-fuel-next-chapter-growth)
- privsource.com[PrivSource](https://www.privsource.com/acquisitions/deal/gi-partners-and-hamilton-lane-invest-in-flexential-1b-total-equity-raised-ane_jDSLJd)
- prnewswire.com[PR Newswire](https://www.prnewswire.com/news-releases/flexential-secures-800-million-to-fund-data-center-development-across-four-high-growth-markets-302853453.html)
- denvergazette.com[Denver Gazette](https://www.denvergazette.com/2026/08/11/douglas-county-approves-19-3-million-tax-rebate-for-parker-data-center/)
- coloradopolitics.com[Colorado Politics](https://www.coloradopolitics.com/2026/08/11/parker-data-center-could-get-19m-tax-rebate-from-douglas-county/)
- flexential.com[Flexential media coverage](https://www.flexential.com/resources/media-coverage/charlotte-data-center-operator-secures-investment-morgan-stanley-segment)

### REIT and developer: one page each

[Aligned Data Centers 1](https://savrn.com/data-center-capital-atlas/company/aligned-data-centers)[Cloverleaf Infrastructure 1](https://savrn.com/data-center-capital-atlas/company/cloverleaf-infrastructure)[Cologix 0](https://savrn.com/data-center-capital-atlas/company/cologix)[Compass Datacenters 3](https://savrn.com/data-center-capital-atlas/company/compass-datacenters)[CRG (Clayco) 1](https://savrn.com/data-center-capital-atlas/company/crg-clayco)[CyrusOne 7](https://savrn.com/data-center-capital-atlas/company/cyrusone)[DataBank 4](https://savrn.com/data-center-capital-atlas/company/databank)[Digital Realty Trust 8](https://savrn.com/data-center-capital-atlas/company/digital-realty)[EdgeConneX 0](https://savrn.com/data-center-capital-atlas/company/edgeconnex)[Equinix 2](https://savrn.com/data-center-capital-atlas/company/equinix)[Fermi Inc. (Fermi America) 1](https://savrn.com/data-center-capital-atlas/company/fermi-inc)[Flexential 0](https://savrn.com/data-center-capital-atlas/company/flexential)[H5 Data Centers 2](https://savrn.com/data-center-capital-atlas/company/h5-data-centers)[Iron Mountain 3](https://savrn.com/data-center-capital-atlas/company/iron-mountain)[Novva Data Centers 1](https://savrn.com/data-center-capital-atlas/company/novva-data-centers)[Prime Data Centers 4](https://savrn.com/data-center-capital-atlas/company/prime-data-centers)[QTS Realty Trust (Blackstone) 7](https://savrn.com/data-center-capital-atlas/company/qts-realty-trust)[Rowan Digital Infrastructure 1](https://savrn.com/data-center-capital-atlas/company/rowan-digital-infrastructure)[Sabey Data Centers 3](https://savrn.com/data-center-capital-atlas/company/sabey-data-centers)[SB Energy 4](https://savrn.com/data-center-capital-atlas/company/sb-energy)[STACK Infrastructure 4](https://savrn.com/data-center-capital-atlas/company/stack-infrastructure)[Tract 6](https://savrn.com/data-center-capital-atlas/company/tract)[Vantage Data Centers 7](https://savrn.com/data-center-capital-atlas/company/vantage-data-centers)

The figure beside each provider is its count of named sites in the atlas.

Part of the [North American Data Center Capital Atlas](https://savrn.com/data-center-capital-atlas), refreshed every Tuesday, Thursday and Saturday. Site commitments overlap reported capital expenditure and overlap one another, so this page shows each figure as its source states it and never adds them into a single deployment number. Informational, not investment advice.

The SAVRN reference set

## Seven references, one system

Capital, delay, policy, water, grid, permits and scarcity are one system seen from seven sides. Each reference is primary-sourced, refreshed on a schedule, and links into the others, so a project can be followed from the money committed to the docket that stopped it.

Delay Watchlist

Project-level slippage: named projects, jurisdictional actions, utility and federal dockets, SEC disclosures, and the interconnection queue.

[Open the watchlist →](https://savrn.com/data-center-delay-tracker)

Moratorium Tracker

The policy layer: every state measure and local moratorium mapped and cited, with one page per state.

Open the tracker →

Water Tracker

Every federal, state, local and interstate water measure that touches a data center, plus a fifty-state water ledger.

Open the water tracker →

Grid Operator Watchlist

ERCOT, PJM, MISO, CAISO, SPP, NYISO, ISO-NE and FERC: the large-load rules, filings and queue positions that decide whether a site can energize.

Open the watchlist →

Permits and Power Development

Data center and substation permits, large loads in the interconnection queues, and the power plants planned to serve them, refreshed hourly from public records.

Open the permits tracker →

SAVRN Scarcity Tracker

Eleven primary-sourced indicators of AI infrastructure scarcity, one composite index, read against the token index, SAVRN's own cost basis and the frontier ceiling.

Open the scarcity tracker →

Have a specific address? Site Intelligence reads all seven references against one location, county, utility and grid operator included, and cites every finding.

[Check an address →](https://savrn.com/site-intelligence)
