GIC Data Center Capex and Sites
GIC, together with ADIA, agreed to invest $1.6 billion into Vantage Data Centers in September 2025. GIC also formed the greater than $15 billion Equinix xScale JV with CPP Investments and joined Anthropic and Macquarie Asset Management in the Theseus Infrastructure US platform.
Reported and guided spending
Where GIC builds
Financing transactions
Transactions that name GIC 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 |
|---|---|---|---|---|---|
Equinix + GIC + CPP Investments Equinix agreed to form a greater-than-$15B xScale joint venture with GIC and CPP Investments targeting more than 1.5 GW in the United States, with 750+ MW committed as of the 2025 Analyst Day. |
jv equity | $15.0B | agreement announced; as of 2025 Analyst Day $15B planned, ~$6B invested | n.a. | |
Fluidstack + US Department of Defense Office of Strategic Capital The Pentagon's Office of Strategic Capital was reported to be in talks to lend about $5 billion to Fluidstack to strengthen US manufacturing capacity and supply chains for data center components. Neither party commented on the report |
debt facility | ~$5.0B | Reported by The Wall Street Journal 10 September 2026; talks, not signed | n.a. | |
ADIA + GIC + Vantage Data Centers ADIA and GIC agreed to invest $1.6 billion into Vantage Data Centers in September 2025, with closing expected in Q4 2025. |
jv equity | $1.6B | agreed September 2025; closing expected Q4 2025 | n.a. | |
GI Partners + DigiCo Infrastructure REIT (seller, HMC Capital managed) GI Partners bought the fully leased 189,000 square foot data center at 800 East Devon Avenue in Elk Grove Village, Illinois, from a subsidiary of Australia's HMC Capital for $750 million. GI Partners already holds majority stakes in three Digital Realty data centers in Elk Grove Seller DigiCo Infrastructure REIT, spun off from HMC Capital in late 2024, announced the sale on 6 May 2026 without naming the buyer; Reuters reported the CHI1 facility at 32 MW, leased to a hyperscale customer under a 15-year agreement |
acquisition | $750M | Reported 9 September 2026 | n.a. | |
Anthropic + Macquarie Asset Management + GIC Theseus Infrastructure, a US-focused dedicated data center platform. |
platform | n.a. | announced (Business Wire release dated 2026-08-09 in URL) | n.a. | |
Anthropic + Macquarie Asset Management + GIC GIC joined Anthropic and Macquarie Asset Management in the Theseus Infrastructure US platform, a strategic partnership to develop dedicated data center infrastructure at scale. |
platform | n.a. | n.a. in source | n.a. | |
Anthropic + Macquarie Asset Management + GIC Anthropic, Macquarie Asset Management and GIC announced a strategic partnership to develop dedicated data center infrastructure at scale, with an initial focus on the United States. Funds managed by Macquarie Asset Management will, together with GIC, own the platform and fund the majority of the equity for each project, with Anthropic leasing the facilities as anchor tenant under long-term agreements. Anthropic also committed to cover electricity price increases that consumers otherwise may face from these sites. No dollar or capacity figure was disclosed. |
platform | n.a. | Announced 10 August 2026 | n.a. |
Sourced facts on GIC
- ADIA and GIC agreed to invest $1.6 billion into Vantage Data Centers in September 2025, with closing expected in Q4 2025.
- GIC formed the greater than $15 billion Equinix xScale JV with CPP Investments.
- GIC joined Anthropic and Macquarie Asset Management in the Theseus Infrastructure US platform.
Sources for GIC
Every source cited on this page, once each. The full atlas source register is at Capital Atlas sources.
- investor.equinix.comEquinix
- d1io3yog0oux5.cloudfront.netEquinix Analyst Day 2025
- techstartups.comTech Startups
- agbi.comAGBI
- therealdeal.comThe Real Deal
- finance.yahoo.comReuters (via Yahoo Finance)
- businesswire.comBusiness Wire
- macquarie.comMacquarie
Pension and sovereign wealth: one page each
The figure beside each provider is its count of named sites in the atlas.
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.