We advised the lenders on the project financing 

Davis Polk advised the lenders on a $1.2 billion project financing to Rowan Digital Infrastructure for the construction of four 55 to 66 megawatt data centers located in Frederick County, Maryland. 

Rowan Digital Infrastructure, a portfolio company of Quinbrook Infrastructure Partners, is a hyperscale data center developer. Rowan was established in November 2020 to support hyperscale data center users in meeting their development needs sustainably. Rowan specializes in delivering customized data center solutions, focusing on speed and scalability for their hyperscale partners. Rowan’s scope of services includes land acquisition, built-environment, energy and water sustainability solutions, renewable power supply and other infrastructure.

The Davis Polk infrastructure finance team included partner David J. Penna, counsel Kailash Gupta and associate Julia Y. Chen. Partner Brian D. Hirsch, counsel Julie E. Dechen and associate Shua (Joshua) Mermelstein provided real estate advice. Partner Ethan R. Goldman and associates Alex (Ang) Gao and Ted Lee provided tax advice. Members of the Davis Polk team are based in the Washington DC, New York and London offices.