Infrascale Secures $11.6M C-PACE Loan for Dallas Data Center Conversion
Event summary
- $11.6 million C-PACE financing closed for Dallas data center conversion by Infrascale Systems.
- 113,406 sq. ft. industrial-flex property to become a 3.0 MW colocation data center.
- Renovation expected to complete by September 2026, funded by C-PACE loan for HVAC, electrical, and infrastructure upgrades.
- Property originally planned as a distribution facility, repurposed due to 8.5 MW power allocation and demand for Tier IV data centers.
- Cloudnium to manage day-to-day operations, targeting 'missing-middle' data center market.
The big picture
The deal reflects a broader trend of repurposing existing industrial properties for data center use, driven by power allocation advantages and rising demand for smaller-scale colocation facilities. C-PACE financing is emerging as a key enabler for such conversions, bridging the gap between traditional real estate and specialized digital infrastructure. The $11.6 million loan underscores the growing intersection of sustainability-focused financing and data center development.
What we're watching
- Conversion Trends
- Whether the pace of industrial-to-data-center conversions accelerates as demand for Tier IV facilities grows.
- C-PACE Utilization
- How C-PACE financing adoption expands beyond traditional energy-efficiency projects into data center infrastructure.
- Market Positioning
- Infrascale's ability to sustain competitive advantage in repurposing underutilized properties for data center use.
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