eStruxture Secures $1.35B to Expand Canada’s Data Centre Capacity — Including Calgary
- ClearView Insider
- Aug 19, 2025
- 1 min read
Montreal-based eStruxture Data Centers has secured $1.35 billion in total debt financing, marking the largest Canadian-only data-centre securitization to date. The funds will help drive national expansion, including a $750-million hyperscale data centre in Calgary, positioning the city as a key digital infrastructure hub.
The financing includes $750M in publicly rated securitized notes (DBRS: BBB stable) and a new $600M credit facility. The company plans to fund construction through its banking partners and refinance through the bond market — reducing borrowing costs by over 100 basis points.
eStruxture owns 14 active data centres across Toronto, Montreal, Vancouver and Calgary, with 2 more under development. Calgary’s new centre alone will serve hyperscalers, AI models, and sensitive domestic workloads amid rising geopolitical and data-sovereignty concerns.
Backed by investors including Fengate Asset Management, the company serves nearly 1,000 customers — from tech giants to telecoms and movie studios — and is now issuing bonds under a new Green Finance Framework.
Source: The Globe and Mail, “eStruxture secures $1.35-billion in debt financing to build Canadian data-centre business,” July 31, 2025. eStruxture secures $1.35-billion in debt financing to build Canadian data-centre business - The Globe and Mail
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