STACK Portland POR03 News

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...

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 throug...

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...

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 building...

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, the ...

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 another ...

Stack Infrastructure has announced its plans to develop a large data center campus in Frankfurt. The company is looking to develop an 80MW facility in a former Coca-Cola bottling plant in the German city. Stack Infrastructure acquired the 17-acre parcel from Coca-Cola Europacific Partners Deut...

In a bid to help the drastically declining bee population and push forward its ESG commitments, Stack has announced that it has deployed three beehives at its Milan campus in Italy. In its announcement on LinkedIn, the company outlined that while honeybees are responsible for 80% of the world'...

STACK Infrastructure has successfully connected its data center to Hafslund Oslo Celsio System in Norway for city-wide heat reuse. This is the first time a project of this kind has taken place in the country. Now, after a one-year ramp-up, STACK's OSL01 data center is now providing heat and h...

ESR Cayman and Stack Infrastructure have partnered to develop a new data center in Seoul, South Korea. Both companies announced the joint venture to develop a 48MW data center in Incheon. The companies plan to break ground on the data center in Q1 2023. The facility is also scheduled to be com...

Stack Infrastructure has announced the opening of a data center in Siziano, outside Milan, Italy. The MIL02 data center has a capacity of 10MW, and it spans 97,000 square feet (9,000 square meters). Interestingly, Stack completed the data center in under 12 months. The new data center was deve...

Stack Infrastructure is expanding in the Hillsboro area of Portland, Oregon, after acquiring more land in the area. The company announced that it is expanding its Portland data center campus to 200MW with the land acquisition. Upon full build-out, the company’s total capacity in Portland will ...

Stack Infrastructure has announced that it is expanding into Australia. The company is partnering with Hickory, an Australian real estate developer. In addition, the development will see Stack develop data centers in three cities in the country. Stack Australia is already developing a data cen...

Stack Infrastructure has announced its plans to develop an 84MW mega data center campus in Prince William County, North Virginia. The facility will be housed on a 34-acre site. It will also feature a minimum of two data center buildings spanning 602,000 square feet. Stack plans to deliver the ...

STACK Infrastructure has announced that it is expanding its global reach into the EMEA region. According to the company, this expansion makes it one of the largest private data center operators globally, with operations in 16 markets across three continents. Currently, STACK has over 400 MW u...