CIM Lifts Funding for Novva Data Centers US Expansion to $450M – Globe St.

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Infrastructure owner/operator and developer CIM Group has announced an additional investment of up to $355M to fund Novva Data Centers expansion in the US. The infusion of funds brings the total equity CIM has committed to the expansion in the past two years to $450M.
The funding will support Novva’s plans to expand its data center portfolio in the US to offer 1,000 MW of designed capacity for purpose-built data centers by 2027 at several strategic locations to be named at a later date.
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