Wall Street continues to pour money into the data center sector. Goldman Sachs is investing $500 million to create Global Compute Infrastructure LP, a new data center development platform led by former executives of Digital Realty.
Private equity firm Stonecourt Capital has acquired regional data center specialist 365 Data Centers, and says it intends to invest “significant additional capital” to accelerate the company’s growth.
Data Bytes: Pandemic-driven changes in consumer behavior are likely to require more infrastructure, and thus are likely to boost investment in data center and network services.
Aligned has completed a $1 billion credit facility that will fund an expansion of its data center portfolio. The financing used a sustainability-linked loan structure that ties terms to sustainability metrics.
One of the most experienced investors in the data center sector has raised a large fund and is ready to go shopping. GI Partners today said it has lined up $1.8 billion in investor backing for its Data Infrastructure Fund.
STACK Infrastructure has lined up $325 million in low-cost debt to fund new construction, including a 32-megawatt data center in San Jose that has been fully pre-leased.
EdgeConneX has agreed to be acquired by EQT Infrastructure, which says it hopes to accelerate the growth of the developer, which has been a leading player in both edge computing and hyperscale data center markets.
DCF editor Rich Miller recently spoke to Next Platform TV about data center demand and investment. Here’s a look at the discussion, plus some resources about data center investment trends.
Dark fiber is a hot commodity, as cloud computing platforms seek more network capacity to deliver data across their data center campuses. That’s why investment firms with data center holdings have been acquiring dark fiber specialists.
Colony Capital is leading an investor group that will invest $1.2 billion in Vantage Data Centers’ data centers, providing Vantage with capital to build more data centers.