STACK Avenches AVE01 News

IPI-owned company Stack Infrastructure announced this week that it has broken ground on a 60MW data center expansion in Silicon Valley, California. The company plans to build two data centers to add 60MW of capacity, an advanced manufacturing facility, and a parking structure, spanning 19 acre...

Data center firm Stack Infrastructure this week announced plans to expand its footprint in Virginia with a new 72MW campus in Leesburg. in Loudoun County. This planned facility, known as the NVA-06  will initially host a 48MW building set to deliver Q2 2025, followed by a second 24MW building ...

Data center firm Stack Infrastructure announced this week that it is expanding its campus in Virginia’s Prince William County. The company has purchased land from and adjacent to the Youth For Tomorrow non-profit in Bristow to expand its NVA02 campus. Tim Hughes, chief development officer, Sta...

Stack Infrastructure has established a data center in Toronto, Canada. This week, the company revealed the dispatch of the first 8MW phase of the 56MW Ontario campus. First Gulf, a Toronto-based developer, collaborated with Stack to execute the initial 8MW data center by refurbishing an existi...

STACK, a leading global developer and operator of data centers and the digital infrastructure partner to the most cutting-edge businesses in the world, announced the completion of the first phase at its flagship campus in Toronto. The first phase of the campus, with a total capacity of 56MW, i...

The multinational food conglomerate Nestlé has sold a Swiss data center. This week, Baker McKenzie Switzerland revealed that it advised Nestlé Global Real Estate on the transfer of its data center and office property to Orllati Real Estate SA. The site at Rte de Buyère 4 in Bussigny, canton of...

A new data center campus has been opened by Stack in Melbourne, Australia. This week, the company announced the conclusion of its MEL01 Asia-Pacific (APAC) data center.The 36MW MEL01A facility, situated on a 3.6-hectare site in Melbourne's Truganina region, is part of a 72MW campus that will u...

$250 million in securitized notes have been issued as part of Stack Infrastructure's second round of structured debt financing for 2023. The funding round began a month ago with an initial goal of raising $100 million, which has since more than doubled. Since 2019, Stack has raised $2.3 billio...

Stack Infrastructure seeks to raise $100 million by issuing securitized notes. After raising $250 million in March, this will be Stack's second fundraising round this year and sixth overall. It will begin on July 24.The notes have received an A-2 rating from S&P Global. This is presently s...

IonQ, a quantum computing company based in the United States, intends to deploy two of its facilities in Switzerland and establish a quantum data center in Europe. This week, the company disclosed its collaboration with QuantumBasel to deploy two quantum computers at QuantumBasel's Center of C...

Stack has applied for approval to expand its San Jose, California data center campus. This week, the San Jose City planning commission will consider Stack's request to construct two data centers at 2400 Ringwood Avenue and 1880 Fortune Drive in Santa Clara County, as first reported by SF Yimby...

Stack Infrastructure has signed up for the Swiss Winter Reserve Plan, through which it will provide its supplemental power capacity to the Swiss energy reserve, in line with the Federal Council's ordinance. The ordinance includes measures to prevent winter power shortages and will run until A...

The data center company Stack has completed its most recent structured debt fundraising round. The company revealed the sale of $250 million in securitized notes last week. The price of the notes is a 5.900 percent fixed rate coupon. The firm said it has now raised $2.1 billion in notes thr...

Stack Infrastructure plans to seek $250 million for data center expansion. The Stack Infrastructure Issuer will provide the funding, 2023-1, through the securitization of income connected to lease obligations and electrical capacity at 8 wholesale data centers in seven U.S. states. S&P Glo...

CKW Fiber Services has announced that it has launched a new data center in Rotkreuz, Switzerland. The facility, first announced back in October 2021, has 700 sqm (7,550 sq ft) of floorspace and is located next to the CKW Rotkreuz substation in Zug canton.Although the company has constructed th...

Stack Infrastructure has partnered with ESR Group Limited to develop a 72MW data center campus in Osaka, Japan. The JV will see the companies develop the facility in Keihanna, Osaka. Stack and ESR schedule that the development of the first of three buildings will start in Q4 2023. The build...

APL has announced that it is teaming up with Swiss-based underground construction company, Eccus, to propose a novel data center location: underground caverns. The underground cavern excavated 30m under existing terrain, is a waterproof cylinder spanning up to 150m long, with chambers built in...

Stack Infrastructure has announced that it has started work on a new facility in Virginia. The groundbreaking ceremony of the NVAL3 hyperscale data center campus took place this week. The data center’s first phase will deliver 36MW of capacity in a single building by Q1 2024. In addition, t...

Stack has announced that it’s developing a new 230 MW data center campus in Phoenix, Arizona, featuring five buildings on a 50-acre site. This site, which will span 1.7 million square feet (157,935 sqm), is the company’s second in the state and will run on 100% renewable energy, built with a ...

Stack Infrastructure has acquired two empty parcels of land in Manassas, Virginia. The land has been zoned for data center development. Per BizJournal, an affiliate of Stack Infrastructure paid $25.4m for 30.8 acres at 9530 Hornbaker Road, Manassas, last month. The company then bought anoth...