Nscale, an AI hyperscale infrastructure company, has secured a US$ 900 million revolving credit facility for additional liquidity to expand its data center operations across the United States, Europe and the Asia-Pacific region.
According to a company press release, the facility was syndicated by a group of 12 banks, including J.P. Morgan, Goldman Sachs, Morgan Stanley, MUFG, RBC Capital Markets, Bank of America, Crédit Agricole CIB, Deutsche Bank, Mizuho, SMBC, TD Securities and KeyBank N.A.
Josh Payne, CEO and Founder, Nscale said, “The closing of this revolving credit facility with key global investment banks reflects real institutional confidence in our platform, capital structure, and team, we are building the infrastructure that the world’s largest technology companies depend on to train, deploy, and scale AI, and this facility increases our flexibility to do that at speed and at scale.”
A revolving credit facility differs from a conventional loan by allowing a company to draw funds as needed and repay them over time. The structure provides access to liquidity without requiring the company to issue new equity or immediately assume the full US$ 900 million in debt.
Nscale has acquired capital for numerous AI infrastructure development and the company is expanding its projects rapidly in Europe. Readers will recall that in May 2026, Nscale had secured US$ 790 million in financing for the expansion of its AI data center in Narvik, Norway, marking what the company describes as the country’s largest AI infrastructure investment.
Another Norway data center project is Vattenfall and Nscale have signed a long-term renewable power agreement for the first phase of Nscale’s planned data center development in Kvanndal, Norway which is planned to launch operations in 2027 with 230 MW capacity and the possibility of future expansion.
W.media also reported in April 2026 on the partnership established between Nscale and British Telecom (BT) to develop sovereign AI data centers in the United Kingdom (UK) using NVIDIA full-stack AI infrastructure to expand domestic AI computing capacity using trusted national networks so organizations can deploy AI systems while keeping data, security, and operational control within the country.