EXPANDING ITS APAC FOOTPRINT IN PARTNERSHIP WITH OAKTREE
Hyperscale data center infrastructure provider STACK Infrastructure, has announced it plans to develop a 36MW data center campus in Inzai, Japan.
With plans to break ground in Q2 2022, STACK’s new Inzai data center campus is designed to feature two buildings which will have 18MW capacity each, and offer separate access points, security and service operations. The new facility will also be connected to regional substations powered by Tokyo Electric Power Company.
“STACK’s expansion into Japan exemplifies our focus on establishing a scalable presence in markets that are strategically important to our clients. The decision to enter Japan, a critical location for hyperscale customers, demonstrates STACK’s ability to leverage our partnership model, capital, expertise and ability to attract leading talent in the industry to the STACK platform,” said Pithambar (Preet) Gona, Chief Executive Officer of STACK – APAC.
As announced, STACK will be developing the new campus in partnership with funds managed by Oaktree Capital Management, L.P., a global investment manager. This partnership pairs STACK’s data center development and operations expertise with Oaktree’s real estate platform which has land parcels and local resources, further accelerating entry into the Japanese data center market.
“We are excited to partner with STACK to accelerate their international expansion in this critical region. STACK’s industry-leading innovative technical solutions paired with Oaktree’s experience in providing ideal locations and infrastructure in the region, will result in a 36MW campus that is looking to exceed the highest level of expectations from clients,” said Hideya Takahashi, Senior Vice President of Oaktree.
As part of STACK’s 2022 hyperscale projects, STACK Infrastructure recently announced a new campus in Ashburn, Northern Virginia which is planned to deliver a total power capacity of 216MW across 3 data center buildings on its 80-acre Loudoun site.
According the STACK, the new data center project in Japan is expected to be delivered in the fourth quarter (Q4) of 2023.