Rowan Digital Infrastructure has secured nearly USD 3 billion in debt financing to fund the construction of a turnkey hyperscale data center campus in Temple, Texas, the Denver-based company announced.

The transaction is the largest single financing in Rowan's history and was completed under the company's Green Finance Framework, which carries a "Strong" rating from Morningstar Sustainalytics.

A Record Transaction for a Fast-Growing Platform

The close of the Temple financing brings the cumulative total raised under Rowan's Green Finance Framework to USD 4.4 billion across three projects within the past year.

The company described the deal as a milestone that reflects both the scale of institutional appetite for digital infrastructure and the pace at which demand for hyperscale capacity is accelerating.

Chief Executive Officer Charley Daitch said the transaction demonstrates the confidence that large capital providers have placed in Rowan's platform.

"Executing our largest financing to date, and under our Green Finance Framework, underscores our ability to deliver critical infrastructure at scale while maintaining a disciplined and responsible approach to development," Daitch said.

Chief Financial Officer Kevin Mammel framed the deal in similarly expansive terms, describing it as enabling Rowan to pursue a scale and standard that he said would help define a new benchmark for the next era of digital infrastructure.

The Temple Campus and Its Place in the Texas Market

The financing will support a 300-megawatt data center campus in Temple, Texas, which Rowan characterized as one of the fastest-growing markets for digital infrastructure in the world.

The company broke ground on the Temple development earlier in 2026 in a ceremony with local leaders, partners, and community members.

Rowan's model centers on delivering large-scale, build-to-suit turnkey and powered shell campuses in markets where, according to the company, speed to power and execution certainty are critical factors for hyperscale customers.

The Temple project fits within that strategy, with the campus designed to meet accelerating demand from hyperscale operators.

The company is actively developing multiple campuses ranging from 300 megawatts to over one gigawatt across the United States, targeting the next-generation capacity requirements of large-scale cloud and technology operators.

Green Finance Framework and Sustainability Commitments

The financing was executed under Rowan's Green Finance Framework, a structure the company has applied consistently across its recent capital raises.

The framework has received a "Strong" rating from Morningstar Sustainalytics, an independent assessment firm that evaluates the alignment of financing instruments with sustainability standards.

By completing the Temple transaction under that framework, Rowan signaled its intent to link large-scale infrastructure development with what it described as rigorous sustainability standards.

The USD 4.4 billion total now secured under the framework across three projects over the past year represents a significant portion of the company's overall financing activity since its founding in November 2020.

Backing from Blackstone and Quinbrook

Rowan is backed by two major capital partners: Quinbrook, which the company describes as a leading investor in the energy transition, and Blackstone, which Rowan identifies as the world's largest alternative asset manager.

Blackstone's involvement came through a strategic recapitalization in which funds affiliated with Blackstone acquired a significant minority stake in the company, a transaction Rowan announced separately in recent months.

That capital base has supported Rowan's growth from its founding in November 2020 into a platform now pursuing multiple gigawatt-scale development projects across the country.

The company describes its core offering as build-to-suit solutions that enable rapid and cost-effective scaling for hyperscale customers.

Executive Leadership Expansion

The Temple financing announcement follows a period of organizational growth at Rowan. In April 2026, the company announced several executive leadership appointments as it continued to scale its platform.

Among those appointments was Kirstin Gunderson, who was named Rowan's first Chief People and Operations Officer following approval by the company's board of directors. Gunderson had joined Rowan in April 2023.

The combination of new senior leadership, expanded capital relationships, and a growing project pipeline reflects the trajectory Rowan has described as it works to position itself among the leading developers of hyperscale data center infrastructure in the United States.