Cologix Data Center Capex and Sites
Cologix was recapitalized by Stonepeak at a $3.0B equity value, the largest single-asset continuation vehicle raised in digital infrastructure to that date, after Stonepeak's initial 2017 investment of $500M in a platform then at 24 data centers in nine markets including Montreal, Toronto and Vancouver. In July 2026 Cologix raised $1.5B, a $1B multi-asset development debt facility plus $500M of equity from new and existing investors, across a 40+ data center platform.
Reported and guided spending
Audited, reported and guided figures as the filing or release states them. Reported lines are what was spent, and guidance is what management expects. They sit side by side and are never combined.
| Period | Kind | Amount | As stated | Sources |
|---|---|---|---|---|
| July 2026 | raise | ≥$1.5B | $1.5B: a $1B multi-asset development debt facility plus $500M of equity from new and existing investors, across a 40+ data center platform |
Where Cologix builds
Financing transactions
Transactions that name Cologix as a party or attach to one of its named sites. Amounts are as stated, and overlapping commitments are never summed.
| Parties | Instrument | Amount | Date | Site | Sources |
|---|---|---|---|---|---|
Cologix + Stonepeak Cologix was recapitalized by Stonepeak at a $3.0B equity value via a single-asset continuation vehicle. |
equity raise | $3.0B | WSJ coverage dated 2022 |
n.a. |
|
Cologix + new and existing investors Cologix raised $1.5B in July 2026, a $1B multi-asset development debt facility plus $500M of equity, across a 40+ data center platform. |
other | $1.5B | July 2026 |
n.a. |
|
Mubadala + Cologix + Stonepeak Mubadala invested $500 million into Cologix alongside Stonepeak for data center expansion. |
equity raise | $500M | n.a. |
n.a. |
|
Stonepeak + Cologix Stonepeak's initial 2017 investment in Cologix was $500M, when the platform had 24 data centers in nine markets including Montreal, Toronto and Vancouver. |
equity raise | $500M | 2017 |
n.a. |
|
La Caisse + Cologix La Caisse invested CAD 240 million to advance Cologix's AI-ready MTL8 data center. |
equity raise | n.a. | n.a. |
Cologix MTL8 (Quebec) |
|
La Caisse + Cologix La Caisse provided CAD 240 million of senior financing for Cologix's MTL8, a 21MW data centre at Technoparc Montréal. |
debt facility | n.a. | disclosed with net assets of CAD 517 billion as of December 31, 2025 |
Cologix MTL8 (Quebec) |
|
Cologix + Cologix Canadian Issuer Limited Partnership + KBRA KBRA published preliminary ratings on Cologix Canadian Issuer Limited Partnership Series 2026-1/2, the issuer's third Canadian data center ABS. The notes are secured by 21 operating data centers in Montreal, Toronto and Vancouver generating about $234.2 million of annualized revenue and $150.2 million of annualized adjusted NOI as of 31 March 2026 |
abs | n.a. | KBRA preliminary ratings published 11 August 2026 |
n.a. |
Sourced facts on Cologix
- Stonepeak's initial 2017 investment was $500M across a platform then at 24 data centers in nine markets including Montreal, Toronto and Vancouver.
Sources for Cologix
Every source cited on this page, once each.
- cologix.comCologix
- cologix.comCologix
- cologix.comCologix/Stonepeak
- wsj.comWSJ
- datacenterdynamics.comDCD
- datacenterdynamics.comDCD
- datacenterfrontier.comData Center Frontier
- lacaisse.comLa Caisse
- finance.yahoo.comYahoo Finance (Business Wire)
More in the Index
Capital figures come from the Capital Atlas, refreshed every Tuesday, Thursday and Saturday. Site commitments overlap reported capital expenditure and overlap one another, so each figure appears as its source states it and none are added into a single deployment number. Informational, not investment advice.
Seven references, one system
Capital, delay, policy, water, grid, permits and scarcity are one system seen from seven sides. Each reference is primary-sourced, refreshed on a schedule, and links into the others, so a project can be followed from the money committed to the docket that stopped it.