STACK Infrastructure has secured $4 billion in green financing to expand its data center footprint in three key markets: Stafford, Virginia; Portland, Oregon; and Toronto, Canada. The new funding strengthens STACK’s position as the largest private data center developer in Virginia and further bolsters its presence across North America. The financing will primarily support STACK’s 1+GW campus in Stafford, where the company plans to deliver critical infrastructure for AI, cloud, and machine learning workloads.
Since 2019, STACK has secured $9 billion in financing specifically for projects in Virginia, a market widely regarded as one of the most essential data center hubs globally. The company has now raised $20 billion in debt capital to fund its broader global expansion. The Stafford campus alone is expected to contribute over $80 million annually in tax revenue, create hundreds of direct jobs, and sustain over 1,000 skilled trade positions at peak construction. STACK’s ability to consistently secure large-scale financing underscores its long-term commitment to delivering hyperscale capacity for the world’s largest cloud and technology companies.
With operations across the Americas, EMEA, and APAC regions, STACK provides a full range of digital infrastructure solutions, from campus-scale developments to build-to-suit and colocation facilities. The company’s latest financing round also accelerates its growth strategy in Portland and Toronto—two growing markets for hyperscale clients looking to expand capacity outside of traditional Tier 1 metros.
• STACK secures $4 billion in green financing for Stafford, Portland, and Toronto campuses.
• STACK has raised $9 billion since 2019 for Virginia-based projects alone.
• Stafford, VA campus exceeds 1GW capacity and will generate $80 million in annual tax revenue.
• STACK has secured $20 billion in global debt capital to date.
• Financing supports STACK’s mission to deliver scalable infrastructure for AI, cloud, and ML demand.
“STACK’s footprint in Virginia reflects our ability to support our clients’ growth in the most integral data center market in the world,” said Matt VanderZanden, President, STACK Americas.
