Davis Polk advised the underwriters in connection with an SEC-registered offering of 8,050,000 shares of 6.625% Series C cumulative redeemable perpetual preferred stock of DuPont Fabros Technology, Inc., including 1,050,000 shares from the full exercise of the underwriters’ over-allotment option. The gross proceeds of the offering were approximately $201.3 million.

DuPont Fabros Technology, Inc. is a leading owner, developer, operator and manager of enterprise-class, carrier neutral, large multi-tenant wholesale data centers. The company’s facilities are designed to offer highly specialized, efficient and safe computing environments in a low-cost operating model. The company’s customers outsource their mission critical applications and include national and international enterprises across numerous industries, such as technology, Internet content providers, media, communications, cloud-based, health care and financial services.

The Davis Polk corporate team included partner John G. Crowley and associates Ravi P. Ramchandani and Zuo (Zoey) Yi. The environmental team included counsel Betty Moy Huber and associate Yuko Masunaga. The tax team included partner Michael Farber and associate Lena X. Qiu. All members of the Davis Polk team are based in the New York office.

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