Partners Group, one of the largest firms in the global private markets industry, has led a $1.9 billion equity investment in portfolio company EdgeCore Digital Infrastructure, a developer, owner and operator of scalable hyperscale data centers in the United States.
The investment is the second equity capital raise that Partners Group has led since acquiring EdgeCore in 2022 and was conducted in conjunction with the firm’s clients.
The capital will be used to expand EdgeCore’s data center platform of existing locations in Ashburn, Va.; Phoenix; Reno, Nev.; and Silicon Valley, Calif.’ and to develop its recently announced data center campus in Culpeper, Va.
Headquartered in Denver, EdgeCore commercializes data center sites leased under long-term contracts to companies in the cloud ecosystem, including the world’s largest internet and technology companies. Since acquiring EdgeCore, Partners Group has been supporting management to transform the company into