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Nscale Secures $790 Million...

Updated May 11, 2026

SOLD

Nscale Secures $790 Million Debt Financing From ABN AMRO DNB Eksfin Nordea And SEB

Building Size

Asset Type

Closing

May 11, 2026

About this deal

AI

Nscale, a London-based AI infrastructure company, raised $790 million in debt financing from ABN AMRO, DNB, Eksfin, Nordea, and SEB to expand operations and accelerate development efforts. This financing follows a previous $2 billion Series C round in March 2026 and a $1.4 billion delayed draw term loan completed in February 2026.

Summary of transaction details:

  • Deal Type: Debt Financing
  • Transaction Amount: $790,000,000
  • Company Name: Nscale
  • Founder: Josh Payne
  • Headquarters: London, United Kingdom
  • Notable Investors: ABN AMRO, DNB, Eksfin, Nordea, SEB

Nscale is led by CEO Josh Payne and specializes in building vertically integrated AI infrastructure that includes energy, data centers, GPU compute, and software. The company has established a significant presence in the AI sector through substantial funding and development initiatives.

Players

Nscale
NscaleBuyer

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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