March 29, 2024 STACK INFRASTRUCTURE
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 acres....
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January 11, 2024 STACK INFRASTRUCTURE
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 to...
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December 08, 2023 STACK INFRASTRUCTURE
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, Stack...
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September 22, 2023 STACK INFRASTRUCTURE
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 existing...
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September 20, 2023 STACK INFRASTRUCTURE
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, is...
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August 22, 2023 STACK INFRASTRUCTURE
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...
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August 02, 2023 STACK INFRASTRUCTURE
$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 billion...
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July 26, 2023 STACK INFRASTRUCTURE
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 set...
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April 26, 2023 STACK INFRASTRUCTURE
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....
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March 17, 2023 STACK INFRASTRUCTURE
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 April...
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March 17, 2023 STACK INFRASTRUCTURE
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 through...
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March 08, 2023 STACK INFRASTRUCTURE
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 Global...
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December 05, 2022 STACK INFRASTRUCTURE
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...
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December 01, 2022 STACK INFRASTRUCTURE
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...
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November 08, 2022 STACK INFRASTRUCTURE
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 low...
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October 11, 2022 STACK INFRASTRUCTURE
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...
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October 10, 2022 STACK INFRASTRUCTURE
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...
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October 04, 2022 STACK INFRASTRUCTURE
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's...
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September 22, 2022 STACK INFRASTRUCTURE
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 hot...
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September 14, 2022 STACK INFRASTRUCTURE
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...
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