Nscale Secures $790 Million Debt Financing From ABN AMRO DNB Eksfin Nordea And SEB
Building Size
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Asset Type
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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
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
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