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SAVRN Research · Capital Atlas · Private equity and infrastructure

KKR Data Center Capex and Sites

KKR has invested approximately $34 billion of equity in digital infrastructure across 24 investments and holds a 12GW data center pipeline. With GIP it took CyrusOne private at approximately $15 billion in 2022, followed by roughly $9.7 billion of new debt capital and Texas campuses anchored on dedicated Calpine and Constellation generation. It has committed capital to Global Technical Realty, Compass Datacenters, and the roughly $10 billion Helix Digital Infrastructure vehicle, alongside a $50 billion development program with Energy Capital Partners.

Updated October 8, 2026 3 named sites 15 financing transactions 3 sourced facts 30 sources
KKR
Private equity and infrastructure
Financing regimefund equity plus warehouse credit, CMBS and dedicated-generation power partnerships
Named sites
3
Site-level commitments the atlas ties to KKR
Disclosed site capital
$5.2B
Sum of named sites with a stated dollar figure. Not a capex total; see the spending table
Disclosed capacity
380 MW
Sum of named sites with a stated megawatt figure
Financing transactions
15
Transactions naming KKR 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
as of Jan 2026 reported ≥$34.0B
approximately $34 billion of equity invested in digital infrastructure across 24 investments (cumulative); over $20 billion in power and renewables; 12GW data center pipeline
six years (KKR materials) reported ≥$31.3B
KKR's own materials cite $31.3 billion of equity deployed to digital infrastructure over six years (cumulative)
Named sites

Where KKR builds

Texas
2 sites · $5.2B disclosed
Open the Texas investment tracker →
Utah
1 site
Open the Utah investment tracker →
SiteStatePlaceCapitalMWStatusSources
ECP-KKR Bosque County campus
with Energy Capital Partners
 Texas Bosque County ~$4.0B 190 construction
CyrusOne DFW10 campus (Thad Hill Energy Center)
with GIP, Calpine
 Texas Bosque County $1.2B 190 construction
US Army hyperscale program at Dugway Proving Ground (CyrusOne)
with U.S. Army, GIP
 Utah Dugway n.a. n.a. announced
Financing

Financing transactions

Transactions that name KKR 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.
Energy Capital Partners + KKR
The Energy Capital Partners-KKR partnership under which the roughly $4 billion Bosque County campus is being developed.
 platform $50.0B 2025 ECP-KKR Bosque County campus (TX)
KKR
KKR closed Global Infrastructure Investors V at $19.2 billion, its largest infrastructure fund. KKR said it manages about $120 billion of infrastructure equity, and cited digitalization and electrification demand in North America
 other $19.2B Announced 3 August 2026 n.a.
KKR + GIP + CyrusOne + Global Infrastructure Partners
KKR and GIP completed the acquisition of CyrusOne when GIP AUM was over $81 billion.
 acquisition ~$15.0B completed March 25, 2022 n.a.
Nvidia + KKR + Kuwait Investment Authority + Vistra
Nvidia is a partner in KKR's approximately $10 billion Helix Digital Infrastructure vehicle with Kuwait Investment Authority and Vistra, and was later named a founding investor in Helix alongside KKR.
 platform ~$10.0B Date n.a. in this part 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.
KKR + Oak Hill Capital + Global Technical Realty
Additional commitments to the European data center platform Global Technical Realty.
 equity raise ~$1.9B January 7, 2026 n.a.
CyrusOne + KKR + GIP + Kirkland & Ellis (counsel)
Kirkland advised CyrusOne on a $1.25 billion SASB CMBS financing secured by a portfolio of six data centers in North Carolina, Ohio and Texas. Use of proceeds and property MW were not disclosed. This is a separate transaction from record cyrusone-cmbs-1050, which Kirkland announced on 20 May 2026 as a $1.05 billion loan secured by one property near Dallas (the DFW3 and DFW4 buildings in Allen, Texas, per Bisnow)
 cmbs $1.2B Announced 20 July 2026 n.a.
CyrusOne + Calpine
Dedicated-generation agreement anchoring the DFW10 campus adjacent to the Thad Hill Energy Center in Bosque County, Texas.
 ppa $1.2B announced July 30, 2025; expected operational by Q4 2026 CyrusOne DFW10 campus (Thad Hill Energy Center) (TX)
CyrusOne + KKR + GIP
CMBS refinancing for KKR- and GIP-owned CyrusOne secured by its DFW3 and DFW4 data centers on Chelsea Boulevard in Allen, Texas, 76.5 MW combined, appraised at nearly $1.6 billion (66.8% loan to value) per the presale report cited by Bisnow. Separate from the $1.25 billion six-property CMBS in record cyrusone-cmbs-1250-2026
 other $1.1B Announced 20 May 2026 n.a.
KKR + Global Technical Realty
KKR originally committed $1 billion to launch Global Technical Realty, a hyperscale builder.
 platform $1.0B at GTR launch n.a.
Samsung (long-duration capital fund) + Helix Digital Infrastructure + KKR
Samsung committed $1 billion to Helix, the AI infrastructure company formed by KKR and led by former AWS CEO Adam Selipsky, to fund data centers, power, connectivity and related infrastructure for hyperscalers. Helix plans projects across North America and international markets, and expects to explore Samsung's construction (Samsung C&T), cooling (FlaktGroup), energy storage (Samsung SDI) and data center capabilities.
 platform ≥$1.0B Announced 28 September 2026 (Helix and KKR release via Business Wire) n.a.
KKR + Singtel
KKR's earlier APAC data center stake, cited in the Helix launch coverage.
 acquisition $800M 2023 n.a.
KKR + Compass Datacenters
KKR agreed to invest in Compass Datacenters, the Brookfield- and OTPP-backed platform.
 equity raise n.a. agreed December 5, 2025 n.a.
CyrusOne + KKR + Global Infrastructure Partners + Goldman Sachs + Morgan Stanley
KKR and GIP are preparing a possible U.S. IPO of CyrusOne as early as 2027 and have met banks including Goldman Sachs and Morgan Stanley. Plans are at an early stage
 other n.a. Reported by Private Equity Wire 11 August 2026 n.a.
The record

Sourced facts on KKR

  • CyrusOne is one of two private partners in the US Army's hyperscale data center program, at Dugway Proving Ground (1,201 acres, initial operating capability FY2029).
  • KKR is a named NVIDIA financing-platform partner.
  • No KKR-specific pause disclosed in fetched sources; a potential CyrusOne IPO was reported as possible as early as 2027.
Sources

Sources for KKR

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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