SAVRN Research · Capital Atlas · Private equity and infrastructure
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.
Stonepeak
Private equity and infrastructure
Financing regimefund equity, single-asset continuation vehicles and JV development capital
Named sites
2
Site-level commitments the atlas ties to Stonepeak
Disclosed site capital
$250M
Sum of named sites with a stated dollar figure. Not a capex total; see the spending table
Disclosed capacity
33 MW
Sum of named sites with a stated megawatt figure
Financing transactions
8
Transactions naming Stonepeak 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 |
|---|---|---|---|---|
| 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) |
Named sites
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
Financing transactions
Transactions that name Stonepeak 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. | |
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) |
The record
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
Sources for Stonepeak
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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Have a specific address? Site Intelligence reads all seven references against one location, county, utility and grid operator included, and cites every finding.
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