Eagle Point Closes $15.3 Million Financing with Integrated Modular Data Center LLC

Eagle Point Credit Management LLC (“Eagle Point”), a private credit investment manager, today announced that it has provided $15.3 million in senior secured credit financing for Integrated Modular Data Center LLC (“IMDC”), an advanced manufacturer of digital infrastructure that deploys its factory-built, large-scale data centers for public and private sector customers.

The financing will support the execution of IMDC’s subcontract with a single-A rated government prime contractor, which is under contract with the US government to deliver a modular data center project for a major government entity. The loan also benefits from a guaranty from IMDC’s parent company, iM Data Centers LLC, which has generated meaningful equity value and cash flows from its operating data centers.

“As data center demand continues to drive growth and innovation across the global economy, Eagle Point is excited to partner with IMDC on this innovative infrastructure financing,” said Jennifer Powers, Principal and Head of Infrastructure Credit at Eagle Point. “We have been impressed by their proven track record of delivering modular data center projects on time and on budget, as well as their growing pipeline of similar opportunities. We look forward to collaborating with IMDC on future projects.”

“This financing and our relationship with Eagle Point further strengthens our ability to offer flexible financing options and state-of-the-art modular data center solutions to government and enterprise clients,” said Michael Roark, CEO of Integrated Modular Data Center LLC. “We look forward to expanding our platform and continuing to execute on projects that meet the rising demand for scalable and sustainable digital infrastructure.”

The transaction highlights Eagle Point’s commitment to supporting projects that deliver stable, long-term economic value while advancing the transition to cleaner, more resilient infrastructure through partnerships with strong counterparties and proven technology platforms.

About Eagle Point Credit Management

Eagle Point® is an investment manager focused on private credit strategies in inefficient markets, including Portfolio Debt Securities, Regulatory Capital Relief transactions, Infrastructure Credit, Strategic Credit investments and CLO securities. Founded by Thomas Majewski in partnership with Stone Point Capital in 2012, Eagle Point manages over $13 billion on behalf of institutional and retail investors and has over 110 professionals. Please visit www.eaglepointcredit.com for more information.

About iM Data Centers

iM Data Centers creates HPC capable data centers for its own portfolio and others, through advanced manufacturing of full system-enabled modular buildings, as well as by acquiring and rapidly re-positioning existing data centers. iM also owns and operates HPC capable data centers and provides a deep array of related managed services including its own HPCaaS platform. For more information, visit www.imdatacenters.com and imcritical.com.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.