Stonepeak has pledged $1.5 billion toward the launch of Montera Infrastructure, a new data center company focused on hyperscalers in North America.
The funds will be used to develop and operate data centers in metro areas with over 100 MW capacities. These data centers are intended to be turnkey solutions for hyperscalers, with an emphasis on cloud computing and AI.
This is Stonepeak’s fourth investment in data centers in North America, and its eighth globally. The investment firm’s portfolio currently includes over 100 facilities and more than 500 MW of capacity, with over 400 MW still in development.
