We are excited to embark on the next chapter of Switch’s evolution in partnership with DigitalBridge and IFM Investors, two leading digital infrastructure investment firms,” said Rob Roy, Founder and Chief Executive Officer of Switch.
“With their strategic expertise and financial resources, Switch is ideally positioned to meet growing customer demand for the world’s most advanced and environmentally sustainable data center infrastructure.
With the completion of the transaction, Switch common stock is no longer listed for trading. Switch was previously traded on the New York Stock Exchange under the ticker symbol “SWCH.”
Debt financing for the transaction was led by TD Securities, who acted as Joint Lead Arranger, Joint Bookrunner and Administrative Agent, along with Joint Lead Arrangers.
TD Securities served as co-advisor to DigitalBridge and IFM, and Simpson Thacher & Bartlett LLP acted as their legal counsel.
About half of all corporate solar has been installed in the last two and half years,” said SEIA president and CEO Abigail Ross Hopper. “Solar Means Business highlights the incredible flexibility of solar.
whether it’s installed on a warehouse roof, on a carport or at an off-site facility, showing the various ways that companies are meeting their needs with clean, affordable energy.
From data centers to industrial freezers, the most energy-intensive business operations are turning to solar as the most reliable and affordable way to power their infrastructure.
