August 18, 2026

Milbank Earns Top TMT Finance Rankings and Multiple USA Awards 2026 Shortlist Recognitions, Including Six of Seven ‘Datacenter Deal of the Year’ Transactions

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Milbank LLP earned multiple #1 rankings in TMT Finance’s H1 2026 league tables, reflecting the firm’s leading position across the digital infrastructure and TMT markets:

  • #1 — Global Digital Infrastructure Loans Legal Advisor by Value
  • #1 — US Digital Infrastructure Loans Legal Advisor by Value

Milbank has also been recognized across multiple categories at the TMT Finance USA Awards 2026. Notably, the firm was honored for its role advising on six of the seven transactions shortlisted for “Datacenter Deal of the Year – Debt” — an unmatched presence on the shortlist. The firm was also named a finalist for "Legal Advisory Trailblazer of the Year," while Global Project, Energy and Infrastructure Finance partner and co-chair of Milbank's Digital Infrastructure practice Jaime Ramirez was shortlisted for "Lawyer of the Year."

The six Milbank-advised transactions shortlisted for “Datacenter Deal of the Year – Debt” are:

  • EdgeConneX's $3 billion power and data center dual financing
  • Hut 8's $3.25 billion senior secured notes issuance
  • Meta and Blue Owl Capital's $27.3 billion structured joint venture
  • STACK Infrastructure's $18 billion Project Miner financing
  • Switch's $2.6 billion syndicated letter of credit facility
  • Vantage Data Centers' $22.75 billion Texas raise

Milbank also advised the borrowers on C3ntro’s $70 million Project TIKVA financing, which was shortlisted for “LatAm Deal of the Year.” Further underscoring the firm’s strength across the global digital infrastructure market, TMT Finance also recognized Milbank as #1 in the Asian Pacific Digital Infrastructure league tables by deal volume.

"These nominations reflect the extraordinary depth and strength of our Digital Infrastructure practice and the trust our clients place in us to execute their most complex and innovative transactions," said Mr. Ramirez. " We are particularly proud to have advised on six of the seven transactions shortlisted for ‘Datacenter Deal of the Year,’ reflecting the breadth of our work across some of the largest and most significant financings in the market."

“The pace and scale of investment across the digital infrastructure market is extraordinary, and Milbank is at the forefront of that activity,” added Dan Bartfeld, chair of the firm’s Global Project, Energy and Infrastructure Finance Group. “From data centers to the rapidly expanding market for GPU financings, we are advising on many of the sector’s largest and most innovative transactions and helping our clients establish financing structures and standards that are shaping the market.”

The TMT Finance USA Awards recognize excellence across the technology, media and telecommunications finance industry and highlight the sector’s most significant transactions and advisory achievements. Winners will be announced at an awards ceremony in New York City on October 8.

To view the full shortlist, please click here.