Stonepeak, a renowned global investment firm with a strong emphasis on real assets and infrastructure, has introduced Montera Infrastructure, a cutting-edge hyperscale data center platform supported by a substantial $1.5 billion capital commitment. This new venture is designed to cater to the increasing demand for cloud computing and AI applications in North America.
Montera Infrastructure’s primary focus will be on providing customized build-to-suit, turnkey data centers tailored specifically for hyperscale clients. The company aims to strategically target Tier I and Tier II metropolitan areas that offer clear pathways to immediate power availability.
The goal of Montera is to design and operate facilities that exceed 100 megawatts in capacity. The leadership team behind the company brings a wealth of experience to the table, with CEO Eanna Murphy, who previously held senior data center positions at Google and Yondr, leading the initiative. He is supported by Chief Technology Officer Craig Pennington and Chief Delivery Officer Joe Walsh, both of whom have held senior roles at Oracle and Equinix. Together, the leadership team boasts over 100 years of combined experience in managing large-scale data center operations and infrastructure delivery.
Stonepeak’s decision to support Montera aligns with its broader strategy to enhance its digital infrastructure investments in North America. With the data center industry facing challenges to keep pace with the rapid growth of AI inferencing and cloud workloads, the establishment of Montera demonstrates a targeted response to infrastructure challenges on a large scale. The company’s approach aims to cater to hyperscale clients by swiftly deploying purpose-built infrastructure that prioritizes reliability, operational efficiency, and location-specific scalability.
Montera Infrastructure represents Stonepeak’s ninth data center investment and the fourth within the North American market. Stonepeak’s digital infrastructure portfolio now includes over 100 sites globally, totaling more than 500 megawatts of operational capacity. The portfolio includes companies such as Cologix, CoreSite, Digital Edge, and Cirion, with an additional 400 megawatts currently in development.
This expansion is particularly significant given the rising demand for data processing power. As AI technologies advance and cloud-native applications become more intricate and extensive, the need for advanced digital infrastructure is expected to increase further. By launching Montera, Stonepeak is positioning itself to meet this demand with a platform specifically optimized for hyperscale deployment.
The track record of the founding team, who have collectively delivered over eight gigawatts of data center capacity, lends credibility to Montera’s aspirations. With more than $73 billion in assets under management, Stonepeak stands out as a top alternative investment company. Headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, and Abu Dhabi, Stonepeak is firmly established in the global investment landscape.
