One of the largest data center construction companies will build the Shreveport data center. STACK Infrastructure has completed the construction of over 55 data centers and has over 70 contracted and/or under construction in 12 countries.
STACK Infrastructure Expands Global AI Data Centres
DataCentreMagazine.com
By Megan Baggiony-Taylor
The Denver-based developer operates 2.5 gigawatts of capacity and targets AI workloads across three continents
Matt VanderZanden, President of STACK Americas
STACK Infrastructure has secured the number 20 position in Data Centre Magazine's Top 100 Data Centre Companies, reflecting the firm's growth from a 2019 startup into a provider operating across the Americas, EMEA and Asia-Pacific regions.
The Denver-based company manages over 2.5 gigawatts built or under development, with a further 4 gigawatts in the pipeline. Founded through investments by ICONIQ Capital and IPI Partners, STACK offers powered land, build-to-suit facilities, wholesale colocation and deployment capacity across markets including Northern Virginia, Silicon Valley, Phoenix, Portland, Atlanta, Dallas/Fort Worth, Chicago, Tokyo, Melbourne, Johor Bahru and Seoul.
Green financing underpins expansion
STACK has secured over US$6bn in green financing during 2025 to fund data centre developments across North America. The company arranged a US$900M facility for its 200MW NVA05 campus in Manassas, Virginia, and financing for the Stafford Technology Campus – a 500-acre development that will house 19 data centres across four sub-campuses delivering more than one gigawatt.
In March 2024, STACK issued US$240m in green securitised notes, achieving the lowest blended spread over the treasury rate of any data centre issuer since October 2021. The pricing indicates market confidence in the company's environmental strategy.
CEO of STACK Americas, Brain Cox, says: "Our clients prioritise minimising environmental impacts, which parallels our mission to advance a sustainable digital future.”
The company divested its European colocation business to Apollo-managed infrastructure funds in April 2025. The transaction covered seven data centres across five markets, allowing STACK to focus resources on hyperscale development in North American and Asia-Pacific territories.
AI workloads drive design strategy
STACK has developed infrastructure to support high-density deployments required by artificial intelligence and machine learning applications. The company's design framework accommodates power and cooling demands for compute-intensive workloads.
"STACK was built for the world's largest innovators, and from the beginning, we have prioritised the long-term scalability of our clients with a flexible data centre design," says Matt VanderZanden, President of STACK Americas. "As an AI-ready digital infrastructure company with a proven track record of high-density deployments, STACK is building upon this foundation to continually address evolving client needs."
In September 2025, STACK announced it would deliver digital infrastructure for Oracle's planned Stargate campus in Doña Ana County, New Mexico. Oracle has committed to deploy up to 4.5 gigawatts of capacity at the site.
The company completed its first facility in Japan – a 36MW campus in Tokyo's Inzai District – and continues expansion across the Asia-Pacific region with developments in Melbourne, Johor Bahru and Seoul.
Leadership transition supports growth
Brian Cox joined STACK as CEO in 2018 after serving as Chief Operating Officer at Cologix, where he expanded the business from one data centre to 25 facilities. Cox brings more than two decades of experience in the data centre sector.
Matt VanderZanden was promoted to President in February 2025, having previously served as Chief Commercial Officer. Before joining STACK, VanderZanden led global data centre site selection at Facebook (now Meta). His appointment reflects STACK's strategy as demand for cloud and AI infrastructure increases.
"I am honoured to step into this role at such a pivotal moment for STACK," he said. "We have established a strong reputation for delivering speed, scale, certainty and responsibility, and I look forward to collaborating with our talented team to further support our clients' growth and success."
The company maintains partnerships with hyperscale cloud providers and enterprise technology firms, delivering capacity in markets where data centre demand continues to grow driven by cloud computing, artificial intelligence and digital transformation requirements.
STACK's position at number 20 in Data Centre Magazine's Top 100 reflects the company's capacity delivery, financial backing and geographic reach across three continents.
The combination of green financing, AI-ready infrastructure and operational scale positions the firm within the upper tier of global data centre operators as the sector responds to increasing demand for compute capacity.