MUFG, Natixis, SocGen finance EdgeConnex projects
- USD 1.5bn Project Walleye in structuring phase
- EQT-backed EdgeConneX finances New Albany Energy project
- Data center and gas plant included in the project
The lead banks on the project financing for EdgeConneX’s data center and gas fired-plant project include MUFG, Natixis, and Société Générale, according to the sources familiar with the transaction
Earlier this week, this publication revealed that MUFG was one of the lead banks in the financing.
The transaction is codenamed “Project Walleye,” according to the sources. It is estimated to be just over USD 1.5bn, according to one of the sources.
The project remains in the structuring phase, according to the sources.
Backed by EQT Infrastructure, EdgeConneX will use the financing to support its New Albany Energy project, which includes both a data center and behind-the-meter gas plant.
MUFG’s Beth Waters, managing director for project finance in the Americas, has described this kind of facility as a “data center energy center.” In December 2025, MUFG said it had been mandated on a project financing for one such development.
EdgeConneX, Société Générale, and Natixis did not respond to requests for comment. MUFG declined to comment.