DuPont Fabros Technology (DFT) said it has borrowed $180 million within the last week, and is using the money to pay off a key loan and resume construction on its ACC5 facility in Ashburn, Virginia.
Data center developer DuPont Fabros Technology (DFT) said today that it has halted construction at data center projects in New Jersey and Virginia after it failed to arrange additional financing.
Shares of data center REIT DuPont Fabros (DFT) fell sharply again today, trading at $1.88 a share.
DuPont Fabros Technology (DFT) said it is seeking to borrow an additional $150 million to complete construction on major data center projects in New Jersey and northern Virginia.