The flow of investment dollars into the data center industry may be gaining steam. A new CBRE survey of large institutional investors found that 95 percent plan to increase their capital deployment in the global data center sector in 2022.
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.
With its acquisition by EQT, EdgeConneX will have more resources to deliver capacity quickly, and in new places. It will also look to expand through acquisitions, says CEO Randy Brouckman.
Bloomberg reports that infrastructure fund Macquarie is seeking a deal to buy a stake in Netrality Data Centers, which operates carrier hotels in major cities.
Shares of data center developer CyrusOne jumped Friday following media reports that the company has received takeover interest from private investors.
Some of the world’s largest investors are raising billions of dollars to invest in digital infrastructure, citing extraordinary demand for capital to fuel the shift to a data economy.
Infrastructure funds and sovereign wealth funds are becoming more active in the data center sector, creating new companies and investing in data center construction.