en.Wedoany.com Reported - The joint venture between Yondr Group and JK Land Holdings has secured $715 million in senior secured notes to fund the construction of a data center campus in Loudoun County, Virginia.

The senior secured notes, bearing an interest rate of 6.875% and guaranteed by Yondr JK 1, LLC, mature in 2031 and were offered to qualified institutional buyers through a private placement. Proceeds will be used to finance construction costs for a 48MW turnkey data center on approximately 14.3 acres, pay related fees and expenses, and fund a debt service reserve.

The project developed by Yondr in partnership with JK Land Holdings completed its first 48MW data center within a 96MW campus in 2024, with the second building becoming operational in December. The company also holds 240MW of reserve capacity on adjacent parcels, bringing the total campus capacity to 336MW.

Yondr operates data center campuses in Europe, Asia, and North America, with developments spanning Virginia, Texas, Canada, the United Kingdom, Indonesia, Japan, Germany, and the Netherlands. The company was previously co-owned by Cathexis, Apollo Global Management, and Mubadala, before being acquired by DigitalBridge and Canadian pension fund La Caisse in July 2025, with German financial giant Allianz subsequently acquiring a minority stake in the business. JK Land Holdings is a major data center player in Loudoun County, with multiple projects at various stages of development in the county.

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