Compute North, a leader in sustainable, large-scale computing infrastructure, has closed its next growth capital round of $385 million, comprised of $85 million in the initial Series C equity closing, co-led by Mercuria and Generate Capital with additional investors including National Grid Partners, and $300 million in debt financing from Generate to fund new projects.

Compute North is the leader in TIER 0 data centers, focused on delivering the most sustainable, cost-effective computing in the world. The company provides efficient, highly scalable infrastructure for clients in the blockchain, cryptocurrency mining and the distributed computing space. With operations across the United States, Compute North brings a unique combination of data center, energy, and technology expertise to meet the growing demand for purpose-built infrastructure solutions for highly specialized computing needs.