Certain funds and accounts managed by Cerberus Capital Management and its affiliates, and Yondr Group, a global developer, owner and operator of hyperscale data centers, have announced the acquisition of a 40-acre site to build a 72-megawatt data center campus in Manassas, Va., which is expected to become operational in 2029.
The project will help meet sustained demand from hyperscale customers for well-located capacity that can serve a diverse set of use-cases including cloud, enterprise and artificial intelligence applications. Northern Virginia is the largest and most established data center market in the world, with significant hyperscale and cloud presence, deep fiber connectivity and unparalleled proximity to global hubs in the Northeastern United States.
“We are pleased to partner with Yondr to deliver a high-quality project in Northern Virginia that is well-positioned to support hyperscale demand,” said Tom Wagner, senior managing director and head of North
