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TPG, Digital Realty Line Up Financing for $1.5 Billion Data Center Recapitalization

Private Equity Firm To Own 80% of Joint Venture in Three Northern Virginia Data Centers

ACC5, a 348,000-square-foot data center in Ashburn, Virginia, is one of three TPG is buying into. (CoStar)
ACC5, a 348,000-square-foot data center in Ashburn, Virginia, is one of three TPG is buying into. (CoStar)

TPG, a global private equity firm, is set to close on a $990 million loan that will see it acquire an 80% ownership position in a portfolio of three data centers in Northern Virginia owned by Digital Realty.

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