5C Enterprises secures $1.4 billion to power North America's AI infrastructure, with plans for three new data center campuses in Memphis, Ohio, and Phoenix.

5C Group, a developer, builder, and operator of large-scale AI data center campuses, announced the closing of $605 million in new debt financing led by Brookfield Asset Management. This capital follows $835 million in equity and debt that 5C raised in 2025, along with additional capital raised prior to that year. Combined, these investments are fueling 5C's expansion of its AI infrastructure platform across North America.

5C delivers "AI factories"—large-scale, high-performance campuses where compute, power, cooling, networking, software, and operations are engineered together for performance, reliability, and scale. This integrated approach supports increasingly dense and complex AI workloads while adapting to advances in GPU architecture, liquid cooling, rack-scale systems, and evolving AI deployment models.

The new capital will enable 5C to accelerate development across its portfolio of priority sites, fund the acquisition and construction of its Memphis campus, and support the development and expansion of its Ohio and Phoenix campuses as they reach key commercial and investment milestones.

"This financing reflects strong confidence in 5C's strategy and our ability to execute at scale," said Jonathan Ahdoot, Chief Executive Officer of 5C. "It strengthens our ability to build next-generation AI infrastructure while investing for the long term in communities."

Hamish Kidd, Managing Partner, Investments – Infrastructure at Brookfield Asset Management, added: "We are pleased to expand our partnership with 5C and support the continued growth of its AI infrastructure platform. 5C combines strong execution capabilities with a long-term approach to developing critical digital infrastructure, and we believe its North American campuses are well positioned to support growing demand for advanced AI capacity."

5C Group operates one of North America's largest networks of state-of-the-art data centers purpose-built for AI. The company maintains over 1.5 gigawatts of roadmap capacity and the ability to power hundreds of thousands of GPUs, delivering secure, reliable, and sustainable data center solutions at scale for the largest AI users with the most demanding workloads.