Vantage raises $2 billion for North American data center development
The five-year revolving facility will fund early-stage projects and expand Vantage's capacity to develop its North American pipeline.
Section
Datacenters: new campuses and capacity, hyperscale build-outs, cooling, networking, real estate and the operators behind them.
The five-year revolving facility will fund early-stage projects and expand Vantage's capacity to develop its North American pipeline.
The companies signed an agreement to study how cryogenic systems could support quantum computing and higher-efficiency data center infrastructure.
The expansion lifts Meta's Utah investment above $3 billion and will use closed-loop liquid cooling with dry cooling.
The investment gives Brookfield exposure to AREP's PowerHouse Data Centers platform and its reported pipeline of more than 8GW.
The first phase of DayOne's Kodaira campus is planned for 15MW, with the full site expected to provide 42MW of IT capacity.