- 5C secured $605M in debt financing led by Brookfield Asset Management on August 11, 2026. [1] - The proceeds will fund the acquisition and construction of a Memphis, Tennessee campus and development work in Phoenix and Ohio. [1] - The financing follows $835M of equity and debt capital raised by 5C in July 2025. [1][2] - 5C says its North American project pipeline exceeds 1.5GW.
[1] 5C Group has secured $605 million in debt financing led by Brookfield Asset Management to expand its North American AI data center portfolio, according to a report published August 11, 2026. The proceeds will accelerate priority sites, fund the acquisition and construction of a Memphis, Tennessee campus, and support campuses in Phoenix, Arizona, and Ohio. [1]
The financing adds to the $835 million of equity and debt capital 5C raised in July 2025 from Brookfield Asset Management and Deutsche Bank. That earlier package was announced to support the company’s expansion of AI-ready data centers and digital infrastructure across North America. [1][2]
5C Group was formed after Hypertec Cloud acquired 5C Data Centers. The company describes its business as developing and operating AI-focused data center campuses and GPU infrastructure, with a project pipeline exceeding 1.5GW. [1]
The Financing #
Brookfield led the new $605 million debt financing, according to Data Center Dynamics. The report did not provide additional terms for the facility. [1]
Brookfield’s infrastructure income fund previously disclosed a structured equity investment in 5C Group. The fund described 5C as a platform combining 5C Data Centers with Hypertec Cloud, which provides GPU compute, networking and storage infrastructure for contracted AI customers. [3]
Where the Capital Is Going #
5C said the new debt will accelerate development across its priority-site portfolio. The named uses are the acquisition and construction of a Memphis campus, plus continued development of facilities in Phoenix and Ohio. [1]
5C’s current facility page lists CMH01 in Columbus, Ohio, with 75MW of 2026 capacity and planned expansion to 350MW in 2029 and beyond. It lists MEM01 in Memphis with 20MW of 2026 capacity, 64MW in 2027 and 35MW in 2029 and beyond. [4]
5C’s Existing Platform #
5C describes its facilities as purpose-built AI infrastructure designed for high-density compute and advanced cooling. Its listed sites use a mix of grid and behind-the-meter power arrangements, including the Memphis facility and regional portfolios in the Southwest, Northeast and Southeast. [4]
Brookfield said its 2025 investment in 5C benefited from fixed-price, take-or-pay contracts and a preferred position ahead of common equity until a preferred return is achieved. [3]
Capital Raised Since 2025 #
The new debt financing extends a relationship that began with 5C’s July 2025 capital raise. That transaction included equity financing led by Brookfield and debt financing led by Deutsche Bank, with total capital of $835 million. [2]
Brookfield’s fund report said approximately $500 million was invested in July 2025 across Colonial, 5C Group and follow-on credit investments. The report separately identified the 5C transaction as a structured equity investment. [3]
Companies mentioned #
Further sources #
[1] Data Center Dynamics, “AI data center developer 5C secures half a billion dolla… ↗
[2] 5C, “5C Group Secures $835 Million of Capital from Brookfield and Deutsche Bank… ↗ [3] Brookfield Infrastructure Income Fund, 2025 Semi-Annual Report, disclosure on t… ↗
[4] 5C, “Next-Gen AI Data Centers,” facility capacity and status listings for Colum… ↗ The stories that matter, in one email. Free — unsubscribe anytime.