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SAVRN Research · Capital Atlas · Private equity and infrastructure

Apollo Global Management Data Center Capex and Sites

Apollo reported approximately $1.05 trillion of AUM as of June 30, 2026 and states it has deployed over $40 billion into next-generation infrastructure since 2022. Its data center positions include a majority stake in Stream Data Centers (4+GW pipeline) completed November 2025 and the acquisition of Argo Infrastructure Partners, which brought TierPoint. Apollo was reported to be leading talks to raise approximately $35 billion of data center financing for Meta and is a named NVIDIA financing-platform partner.

Updated October 8, 2026 0 named sites 7 financing transactions 3 sourced facts 15 sources
Apollo Global Management
Private equity and infrastructure
Financing regimeinsurance-backed private credit plus infrastructure equity
Named sites
0
Site-level commitments the atlas ties to Apollo Global Management
Disclosed site capital
n.a.
Sum of named sites with a stated dollar figure. Not a capex total; see the spending table
Disclosed capacity
n.a.
Sum of named sites with a stated megawatt figure
Financing transactions
7
Transactions naming Apollo Global Management or tied to one of its sites
Spending

Reported and guided spending

Audited, reported and guided figures as the filing or release states them. Reported lines are what was spent; guidance is what management said it expects. They are shown side by side and never combined.

PeriodKindAmountAs statedSources
6/30/2026 aum ~$1.05T
approximately $1.05 trillion of AUM, against approximately $840 billion at June 30, 2025
since 2022 reported ≥$40.0B
deployed over $40 billion into next-generation infrastructure since 2022 ($38 billion at the August 2025 announcement); cumulative multi-year figure
Named sites

Where Apollo Global Management builds

Apollo Global Management has no named site commitment on record in the atlas as of October 8, 2026. That is normal for a private equity and infrastructure position: the capital shows up in the transactions below rather than on a site of its own.
Financing

Financing transactions

Transactions that name Apollo Global Management as a party or attach to one of its named sites. Amounts are as stated; overlapping commitments are never summed.

PartiesInstrumentAmountDateSiteSources
Nvidia + Apollo + BlackRock + Blackstone + Brookfield + Goldman Sachs + KKR
On August 10, 2026 Nvidia announced strategic partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to establish AI compute infrastructure financing platforms intended to mobilize over $500 billion of third-party capital over time.
 platform ≥$500B August 10, 2026 n.a.
Apollo + Meta
Apollo was reported to be leading talks to raise data center financing for Meta.
 debt facility ~$35.0B reported February 27, 2025 n.a.
Apollo + Blackstone + Broadcom + Anthropic
Apollo announced on 9 June 2026 that Apollo-managed funds and affiliates are leading an initial $35 billion capital solution under Broadcom's new AI XPV Platform, in partnership with Blackstone and global banks. The platform is designed to enable more than 20 GW of compute capacity for frontier AI labs through 2028; the initial transaction provides committed capital across a multi-year draw schedule and facilitates Anthropic's previously announced expansion of more than 1 GW of compute for training and inference starting in mid-2026. Apollo called it the largest private financing ever executed. Wells Fargo is global coordinator on the A1 tranche with BNP Paribas, Citi and UBS as joint bookrunners; Goldman Sachs, Bank of America and Morgan Stanley are placement agents on the A2 tranche. The financing funds chips and compute systems rather than a named data center site.
 debt facility ≥$35.0B Announced 9 June 2026 (Apollo release via GlobeNewswire) n.a.
Williams Companies + Blackstone Credit & Insurance + Apollo + KKR
Williams announced an agreement with funds managed by Blackstone Credit & Insurance, in partnership with Apollo and KKR, for $5.34 billion of committed capital in exchange for a 49 percent noncontrolling equity interest in five behind-the-meter power projects serving data center and industrial load. The five projects are Socrates, Apollo, Aquila, Socrates the Younger and Neo. The Socrates project in New Albany, Ohio serves a Meta affiliate and was approved by the Ohio Power Siting Board in June 2025.
 jv equity $5.3B Announced 14 July 2026 n.a.
SLB + Kelvion + Apollo Global Management + Triton
SLB agreed to acquire thermal management provider Kelvion from majority owner Apollo-managed funds and minority shareholder Triton for approximately $3.4 billion in cash plus the assumption of about $700 million of debt, a $4.1 billion total. Data centers are Kelvion's largest and fastest-growing end market, with revenue expected to reach $1.2 billion to $1.3 billion in 2026. SLB stated the combined businesses are expected to generate more than $2 billion of data center revenue and approximately $300 million of adjusted EBITDA on a pro forma basis in 2026, targeting $4.5 billion to $5 billion of revenue and $700 million to $800 million of adjusted EBITDA from the combined data center solutions business by 2028. The transaction is subject to regulatory approvals. This is a supply-chain transaction, not data center capacity, and is not summed with site commitments.
 acquisition ~$4.1B Announced 31 August 2026; expected to close in the first half of 2027 n.a.
Apollo + Stream Data Centers
Apollo funds acquired a majority stake in Stream Data Centers, which has a 4+GW pipeline including 650MW of near-term capacity in Chicago, Atlanta and Dallas across 20+ campuses.
 acquisition n.a. agreed August 6, 2025; completed November 3, 2025 n.a.
Apollo + Argo Infrastructure Partners
The acquisition brought TierPoint, in which Argo's investments totalled $320 million (2020) plus $500 million (2022), reaching $700 million as majority shareholder.
 acquisition n.a. deal set to close in Q2 2025; Apollo acquired Argo "at the turn of the year" n.a.
The record

Sourced facts on Apollo Global Management

  • Stream Data Centers has a 4+GW pipeline including 650MW of near-term capacity in Chicago, Atlanta and Dallas across 20+ campuses.
  • Argo's TierPoint investments totalled $320 million (2020) plus $500 million (2022), and its stake reached $700 million when it became majority shareholder; TierPoint has approximately 100MW of capacity coming online in 2026 and operates roughly 40 facilities.
  • Aligned debt exposure: n.a. No fetched source confirms Apollo lending to Aligned.
Sources

Sources for Apollo Global Management

Every source cited on this page, once each. The full atlas source register is at Capital Atlas sources.

Private equity and infrastructure: one page each

Antin Infrastructure Partners 0Apollo Global Management 0Ares Management 2BlackRock / GIP / AI Infrastructure Partnership 0Blackstone 5Brookfield (BAM / Brookfield Infrastructure Partners) 2Copenhagen Infrastructure Partners 1DigitalBridge 5EQT 1Global Infrastructure Partners (as a distinct platform) 0I Squared Capital 0IPI Partners / Blue Owl 1KKR 3Macquarie Asset Management 1Oaktree Capital Management 1Pensions & Sovereign Wealth Funds (CalPERS, CPPIB, CDPQ/La Caisse, OTPP, PSP, ADIA, GIC, Mubadala, MGX) 0Silver Lake 0Stonepeak 2The Carlyle Group 2

The figure beside each provider is its count of named sites in the atlas.

Part of the North American Data Center Capital Atlas, refreshed every Tuesday, Thursday and Saturday. Site commitments overlap reported capital expenditure and overlap one another, so this page shows each figure as its source states it and never adds them into a single deployment number. Informational, not investment advice.
The SAVRN reference set

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.

Delay Watchlist
Project-level slippage: named projects, jurisdictional actions, utility and federal dockets, SEC disclosures, and the interconnection queue.
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Moratorium Tracker
The policy layer: every state measure and local moratorium mapped and cited, with one page per state.
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Water Tracker
Every federal, state, local and interstate water measure that touches a data center, plus a fifty-state water ledger.
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Grid Operator Watchlist
ERCOT, PJM, MISO, CAISO, SPP, NYISO, ISO-NE and FERC: the large-load rules, filings and queue positions that decide whether a site can energize.
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Permits and Power Development
Data center and substation permits, large loads in the interconnection queues, and the power plants planned to serve them, refreshed hourly from public records.
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SAVRN Scarcity Tracker
Eleven primary-sourced indicators of AI infrastructure scarcity, one composite index, read against the token index, SAVRN's own cost basis and the frontier ceiling.
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