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Data Center News > Blog > Global Market > STACK secures extra $3 bn in green financing
Global Market

STACK secures extra $3 bn in green financing

Last updated: August 11, 2024 10:37 am
Published August 11, 2024
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STACK Infrastructure has secured an extra $3 billion of inexperienced financing for 4 tasks within the USA.

The tasks comprise energetic or below growth campuses, totalling 900 MW mixed.

This newest financing follows the corporate’s latest $3.3 billion and $1.3 billion world funding bulletins, with STACK having now secured greater than $15 billion to additional the event of its world portfolio.

In line with STACK, the financing will assist the event of campuses in Prince William County, Virginia; Phoenix, Arizona; and Atlanta, Georgia, all of which is able to “purpose to minimise environmental affect by water conservation, accountable useful resource utilization, and power effectivity.”

The campuses will utilise such sustainable options as zero potable water utilization for cooling, building with low-carbon supplies together with recycled content material in concrete, and high-performance design options for optimum PUE.

“Our purchasers prioritise minimising environmental impacts, which parallels our mission to advance a sustainable digital future,” mentioned Brian Cox, CEO, STACK Americas.

“Securing this financing is an added instance of STACK’s efforts to mix sustainable growth with accountable development.”

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See also  Lantronix secures role in U.S. Army teal drones with edge AI-compliant solution
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