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Jan 12, 2026 8:10 AM

Patmos Secures $100 Million C-PACE Loan to Complete AI Data Center in Kansas City

Kansas City, MO, Jan. 12, 2026 (GLOBE NEWSWIRE) --  Patmos Hosting Inc., a leading provider of internet infrastructure, data center and hosting services, today announced that it has received a $100 million C-PACE loan from PACE Loan Group to continue development of the former Kansas City Star building into a state-of-the-art multi-use AI Campus.

When the next phase of infrastructure upgrades is complete this spring, the 421,112-square-foot, four-story Patmos AI Campus will feature 35 megawatts of power for high-density GPU, HPC, and AI infrastructure companies. The C-PACE loan will fund energy-efficient infrastructure improvements as part of the continued expansion. Patmos initially started construction in late 2024, building out the initial 5MW in less than 90 days, followed by another 7MW over the next 90 days, establishing itself as the supercomputer speed-to-market leader. Since then, two publicly traded tenants have executed multi-year leases with Patmos and set up shop in Kansas City, enabling the company to purchase and renovate the iconic Kansas City landmark dramatically ahead of schedule.  

"With this loan, Patmos is able to continue to deliver on our speed to market promise for our clients while creating an AI Campus that serves as the technology hub for one of the fastest expanding regions in the industry. Using a PACE vehicle to expand AI infrastructure has never been done, but that's the Patmos way. It allowed us to build fast while maintaining long-term sustainability, profitability, and ownership", said John Johnson, Patmos' founder and chief executive officer. "The PLG team understood our vision at every turn and worked to deliver a solution that was as unique as our business model. We are looking ...