Switch Secures $5 Billion in New Debt Financing
Deal includes $4.25 billion sustainability-linked borrowing base facility, along with an expanded corporate revolving credit facility upsized to $770 million, strategically positioning Switch for growth at the forefront of enterprise, hyperscale cloud and AI opportunities. LAS VEGAS – September 12, 2024 — Switch, a premier provider of AI, cloud and...
Switch Completes $1.7 Billion in ABS Financing
Switch closes back-to-back ABS issuances in its first securitization offerings LAS VEGAS — June 24, 2024 — Switch, the premier provider of AI, cloud and enterprise data centers, today announced the successful completion of two consecutive, asset-backed securities (ABS) transactions. The inaugural ABS issuance, totaling $752 million closed March 14,...
Switch Appoints Madonna Park as Chief Financial Officer
Prominent financial leader will advance Switch’s strategic growth to meet demand for mission-critical digital infrastructure LAS VEGAS, NV — October 12, 2023 — Switch, the exascale technology infrastructure company, today announced the appointment of Madonna Park to the position of Chief Financial Officer. As CFO at Switch, Madonna will be responsible...
Switch Issues Annual Environmental, Social and Governance Report
LAS VEGAS, NV — May 24, 2023 — Switch, the exascale technology infrastructure company, today issued its 2022 Environmental, Social and Governance (ESG) Report that highlights Switch’s leadership and accomplishments in environmental stewardship, social commitment and sound company governance. “We must do our part to enhance human productivity and drive...
FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX Driving Towards Net Zero Ambitions Through Event Partnership with Switch
Partnership will facilitate positive environmental impact in Southern Nevada and accelerate F1® race towards becoming net zero carbon by 2030 LAS VEGAS (March 8, 2023) – Today, Switch announced its multi-year partnership for the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX. Switch, the technology infrastructure company headquartered in Las...
Officials Discuss Preparations for New Year’s Eve Celebrations
LVMPD Undersheriff Andrew Walsh and public officials met with members of the media today to discuss preparations for the upcoming New Year’s Eve celebrations on the Strip and Downtown. Clark County Commission Chairman Jim Gibson, Commissioner Michael Naft, Las Vegas Mayor Carolyn Goodman, Clark County Deputy Fire Chief Warren Whitney...
DigitalBridge and IFM Investors Complete $11 Billion Take-Private of Switch
BOCA RATON, Fla. & MELBOURNE, Australia & LAS VEGAS–(BUSINESS WIRE)–Dec. 6, 2022– DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”) and IFM Investors today announced they have completed their previously announced transaction in which funds affiliated with the investment management platform of DigitalBridge and an affiliate of IFM Investors acquired all outstanding common shares of Switch, Inc. (“Switch”) for $34.25 per share in cash, or approximately $11...
Switch Named One of the Top 5 Tech Companies for Solar Use by the Solar Energy Industries Association
Switch’s ranking for cumulative installed solar capacity displays its continued commitment to ESG, company social responsibility, sustainability and overall company citizenship LAS VEGAS, NV – November 29, 2022 – Switch, Inc. (NYSE: SWCH) (“Switch”) the exascale technology infrastructure company, today announced that it ranks in the top 5 in the Solar...
Switch Recognized by Environmental Protection Agency as a Top 10 Green Power Leader
Switch’s Commitment to 100 Percent Renewable Energy is Recognized in Advancing Sustainable Critical Infrastructure and the Green Energy Market LAS VEGAS, NV – Switch, Inc. (NYSE: SWCH) (“Switch”), the exascale technology infrastructure company, today announced it has been recognized for the fourth consecutive year by the U.S. Environmental Protection Agency’s...
Switch Issues Annual Environmental, Social and Governance Report
LAS VEGAS, NV — April 15, 2022 — Switch, Inc. (NYSE: SWCH) (“Switch”), the exascale technology infrastructure company, today issued its 2021 Environmental, Social and Governance (ESG) Report, which is prepared in accordance with GRI, TCFD, GRESB, and SASB reporting frameworks. The report highlights Switch’s leadership and accomplishments in environmental stewardship,...