Stonepeak Data Center Capex and Sites
Stonepeak reports approximately $93bn of AUM as of March 2026 and has invested in 20 digital infrastructure platforms. Its North American data center positions include majority control of Cologix (recapitalized in a $3.0 billion continuation vehicle), a $2.5 billion-plus investment in CoreSite alongside American Tower including a Denver JV, and the $1.5 billion Montera Infrastructure launch. In APAC, Digital Edge raised over US$1.6 billion of new equity and debt in January 2025.
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 |
|---|---|---|---|---|
| Mar 2026 | aum | ~$93.0B | approximately $93bn of AUM as of March 2026, inclusive of subsequent committed capital; up from approximately $71.2 billion in July 2024 and approximately $73 billion in April 2025 |
|
| since 2017 | reported | ≥$1.0B | approximately $1 billion of incremental capital provided to Cologix across a platform of 45+ data centers in 12 North American markets (cumulative) |
Where Stonepeak builds
| Site | State | Place | Capital | MW | Status | Sources |
|---|---|---|---|---|---|---|
CoreSite DE3 (Stonepeak / American Tower JV) with American Tower |
Colorado | Denver | ≥$250M | 18 | construction | |
Cologix TOR4-S |
Ontario | Toronto | n.a. | 15 | announced |
Financing transactions
Transactions that name Stonepeak 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. |
|
Stonepeak + CoreSite + American Tower Stonepeak's initial investment into the American Tower-owned CoreSite platform. |
equity raise | $2.5B | 2022 |
n.a. |
|
Stonepeak + Digital Edge Digital Edge raised new equity and debt capital across 21 data centers with over 500 MW of critical IT load in service, construction and development and another 300 MW held for future development. |
equity raise | ≥$1.6B | 6 January 2025 |
n.a. |
|
Stonepeak + Montera Infrastructure Montera was Stonepeak's fourth North American data center investment and eighth globally. |
platform | ≥$1.5B | launched April 23, 2025 |
n.a. |
|
Stonepeak + CoreSite + American Tower Upsize of Stonepeak's CoreSite investment. |
equity raise | $570M | completed October 20, 2022 |
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. |
|
Stonepeak + American Tower JV to build the DE3 data center in downtown Denver, Colorado. |
jv equity | ≥$250M | formed July 31, 2024 |
CoreSite DE3 (Stonepeak / American Tower JV) (CO) |
Sourced facts on Stonepeak
- The firm has invested in 20 digital infrastructure platforms and 160,000+ fiber miles.
- Montera was Stonepeak's fourth North American data center investment and eighth globally.
- Pause exposure: n.a. No Stonepeak-specific freeze or delay disclosed in fetched sources.
Sources for Stonepeak
Every source cited on this page, once each.
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.