SAVRN Research · Capital Atlas · REIT and developer
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.
Cologix
REIT and developer
Financing regimeStonepeak continuation-vehicle equity plus multi-asset development debt facility
Named sites
0
Site-level commitments the atlas ties to Cologix
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 Cologix 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.
| 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 |
Named sites
Where Cologix builds
Cologix has no named site commitment on record in the atlas as of October 8, 2026. It is recorded through its transactions and sourced facts.
Financing
Financing transactions
Transactions that name Cologix as a party or attach to one of its named sites. Amounts are as stated; 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. |
The record
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
Sources for Cologix
Every source cited on this page, once each. The full atlas source register is at Capital Atlas sources.
- 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)
REIT and developer: one page each
Aligned Data Centers 1Cloverleaf Infrastructure 1Cologix 0Compass Datacenters 3CRG (Clayco) 1CyrusOne 7DataBank 4Digital Realty Trust 8EdgeConneX 0Equinix 2Fermi Inc. (Fermi America) 1Flexential 0H5 Data Centers 2Iron Mountain 3Novva Data Centers 1Prime Data Centers 4QTS Realty Trust (Blackstone) 7Rowan Digital Infrastructure 1Sabey Data Centers 3SB Energy 4STACK Infrastructure 4Tract 6Vantage Data Centers 7
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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