STACK Infrastructure, a global developer and operator of data centers, has closed $250 million in structured debt financing, bringing the firm’s total raise to $2.1 billion in notes.
STACK’s growth continues to outpace the industry, with a portfolio of more than 1 gigawatts of built and under-development capacity; more than 2 gigawatts of future-development capacity planned across the Americas, Asia Pacific and Europe, Middle East and Africa (EMEA); and more than 4 million square feet now under development.
“STACK has again proven itself a highly desirable partner and continues to leverage investor confidence to raise capital in a rapidly evolving interest rate environment,” said Heather Paduck, CFO of STACK Americas. “This successful transaction affirms our position as an industry leader with a consistently proven growth strategy and shows our commitment to providing capacity to our clients when demand is at its highest.”