NEW YORK, April 21, 2026 /PRNewswire/ — Natixis Corporate & Investment Banking (Natixis CIB), acting as structuring bank, initial coordinating lead arranger, joint bookrunner, and facility agent, is pleased to announce the closing of a $2.6 billion syndicated Letter of Credit Facility (“LCF”) for Data Center Power Infrastructure for Switch. In response to the escalating demand for sustainable power in the digital infrastructure sector, this syndicated facility is the largest U.S. dollar-denominated of its kind and unprecedented for the data center industry. It will support power procurement and provide credit backing for new transmission and generation resources.

Switch is a global leader in AI, cloud, and enterprise data center infrastructure. The LCF further strengthens Switch’s ability to develop gigawatt-scale campuses in major U.S. markets and aligns with Switch’s broader strategy to deliver sustainable infrastructure at scale.

“As power becomes more critical to enabling AI and next-generation data centers, our facility will allow Switch to secure power generation and transmission capacity for data center developments,” said Arnaud Stevens, Head of Global Trade, Americas at Natixis CIB. “This first-of-its-kind transaction in the data center sector will provide Switch the flexibility and access to capital to best position the firm to secure reliable gigawatts of electricity and for continued growth. The exceptional collaboration with our 10 esteemed banking partners, whose expertise and commitment were instrumental, further ensured the success of this milestone.”

“We are very pleased that we were able to support Switch as structuring bank on this milestone transaction”, said Pim Rothweiler, Head of Telecom & Tech Americas, Natixis CIB. “It shows how Natixis continues to be at the forefront of demonstrating leadership and expertise with innovative financing solutions that address the critical power needs of our clients in the digital infrastructure sector.”

Switch is a global leader in AI, cloud, and enterprise data center infrastructure. For more information, visit Switch’s press release here: Switch Secures Landmark $2.6 Billion Syndicated Letter of Credit Facility

About Natixis Corporate & Investment Banking
Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.

Our teams of experts in about 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce the environmental impact of their business.

As part of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks, Natixis CIB benefits from the Group’s financial strength and solid financial ratings (Standard & Poor’s: A+, Moody’s: A1, Fitch: A+, R&I: A+).

Press contact:
Tara Flanagan, Prosek Partners
Tel: +1 646 818 9022
tflanagan@prosek.com

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SOURCE Natixis

PITTSBURGH, April 21, 2026 /PRNewswire/ — In the wake of recent U.S. Census figures showing continued population decline in the Pittsburgh region, and just in time for a huge influx of visitors for the NFL Draft, Pittsburgh Tomorrow launches LifeinPittsburgh.com – a one-stop resource for building a new and better life in Pittsburgh. Its one-of-a-kind features aggregate 500+ resources in living essentials, community & belonging, education, immigrant support, jobs & business, and culture, arts, & fun.

Newcomers and long-time Pittsburghers alike can browse these resources or build a confidential, personalized roadmap. An agentic AI component, “Bridgit,” is trained on the trusted and vetted resources and answers questions instantly in 80 languages. 

Formerly Pittsburghpioneer.com, the expanded and rebranded LifeInPittsburgh.com soon will feature the following new apps, currently in end-stage development: 

Do the 412: an aggregator of over 75 city event calendars to make Pittsburgh community events more discoverable412 JOBS: a central, comprehensive resources for area job openingsHelp Hub: a registry for volunteer opportunities across the regionPittPortal: an easy way to plug into the multiplicity of municipal servicesThe Game of Life in Pittsburgh: a gamified way to discover Pittsburgh’s neighborhoods, jobs, and the charms of life Love Letters to Pittsburgh: an interactive gallery of real post cards written by Pittsburghers about their favorite parts of our city

The organization is promoting LifeinPittsburgh.com throughout NFL Draft week and beyond, including airport messaging, billboards, and public transit ads telling visitors to “Trade up. Move to Pittsburgh.” Also, members of Pittsburgh Tomorrow’s Leadership Corps, which includes high schoolers from across the region, will welcome visitors and answer questions about life in Pittsburgh throughout the weekend’s events.

Pittsburgh Tomorrow is the region’s only nonprofit dedicated to reversing regional population decline. Post-Draft, the organization will continue to promote this free resource locally and nationally. Cities across the nation are vying for new residents, as evidenced by the recently announced MoveDetroit initiative and other similar efforts. Pittsburgh Tomorrow hopes that LifeinPittsburgh.com, a first-of-its-kind innovation, will give the region a leg up. 

Doug Heuck, Founder and CEO of Pittsburgh Tomorrow, notes, “LifeinPittsburgh.com showcases the power of AI for social good: making it easier for people to make a move, find friends and connect with community, and discover the vibrant culture and quality of life of Pittsburgh.”

Pittsburgh Tomorrow is a nonprofit organization with the mission to grow Pittsburgh’s population to help the region reach its full potential. Our strategic initiatives focus on promoting Pittsburgh, welcoming and retaining newcomers, and engaging our community to shape the future of one of the country’s greatest places to live. 

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SOURCE Pittsburgh Tomorrow

Experienced operator and growth strategist to lead PRA’s Mid-South region into its next chapter of innovation and expansion

CHICAGO, April 21, 2026 /PRNewswire/ — PRA, a leader in business events and destination management, today announced the appointment of Sloane Scott as Regional Vice President for the Mid-South, a key leadership role that will guide the region’s strategic direction, deepen client partnerships, and drive consistent, sustainable growth across some of PRA’s most dynamic markets.

Scott has supported the Mid-South region as both a consultant and interim Regional Vice President for PRA, and now formally steps into the role with a powerful blend of operational discipline, creative vision, and cross‑industry expertise. Her background spans hospitality, live events, entertainment, and high‑growth organizations, including leadership roles at Freeman, George P. Johnson, and multiple venture‑backed companies. Over her career, she has helped guide dozens of successful mergers, acquisitions, and IPOs, and is known for pairing big‑picture strategy with hands‑on execution.

“Sloane brings a rare combination of strategic clarity, operational rigor, and people‑first leadership,” said Sharon Crichton, Chief Operating Officer, PRA. “She has an extraordinary ability to see around corners, elevate teams, and unlock new opportunities for clients. Her energy, curiosity, and commitment to excellence make her the ideal leader to guide the Mid-South into its next chapter. We are thrilled to have Sloane in this key role and look forward to much success together.”

Scott’s leadership style is rooted in curiosity, direct communication, and a strong focus on developing confident, capable teams. With experience building and scaling high‑performing organizations, spanning hospitality turnarounds, entertainment startups, and large‑scale agency environments, she is well positioned to reinforce PRA’s national footprint and support continued growth in key markets, including Nashville, Atlanta, and Louisville.

“This is a region I know well, with long‑standing relationships across the business and community development ecosystem,” said Scott. “I’m excited to step into this role and build on the strong momentum shaped by dedicated leadership and high‑performing teams across the Mid-South. My focus is on alignment, strong teams, and close collaboration with clients and regional partners to deliver experiences that create measurable impact. PRA has a well‑earned reputation for turning bold ideas into expertly executed programs, and I’m looking forward to helping shape what’s next.”

As Regional Vice President, Scott will oversee regional operations, guide market development, support PRA’s nationwide service model, and serve as a key member of the Business Management Team, contributing to long‑range planning and organizational strategy.

About PRA
PRA is a leading U.S. business events and destination management partner that designs and delivers conferences, incentive programs, sales meetings, tradeshows, and more nationwide. Our integrated services span strategy and creative, content and production, destination programming, and end-to-end logistics, helping clients turn the power of place into innovative results that move people and transform outcomes. With 40+ years in the industry and coast-to-coast coverage, PRA is trusted by blue-chip organizations for programs in every major U.S. destination and, through select partners, around the world. Recognized repeatedly among Special Events “Top 25 DMCs,” PRA brings seasoned expertise, rigorous execution, and local insider access to every engagement. Learn more at pra.com.

Media Contact:
Laurie Knapp
M: +1 312.623.3713
Laurie.Knapp@PRA.com

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SOURCE PRA