Latest news with #STACKInfrastructure
The Star
a day ago
- Business
- The Star
Stack Infrastructure to develop RM7bil data centre campus in Iskandar Puteri
Photo via Tengku Datuk Seri Zafrul Abdul Aziz's X KUALA LUMPUR: STACK Infrastructure, a leading digital infrastructure company from the United States, is set to develop a hyperscale data centre campus in Iskandar Puteri, Johor Bahru, with an estimated value of RM7 billion. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said the project is expected to generate numerous job opportunities and drive the digital economy. "This investment not only enhances Malaysia's position as a leading data centre hub in Southeast Asia, but also aligned with our national agenda to achieve net-zero carbon emissions by 2050,' he said via X today. He added that the project emphasises sustainability and complies with the Guidelines for Sustainable Development of Data Centres that have been introduced. - Bernama Alhamdulillah! Usaha kita dalam menarik pelaburan digital berteknologi tinggi ke Malaysia semakin membuahkan hasil! Saya berbesar hati untuk berkongsi berita baik mengenai projek baharu oleh STACK Infrastructure, sebuah syarikat infrastruktur digital terkemuka dari AS yang… — Tengku Zafrul(@tzafrul_aziz) August 19, 2025
The Sun
a day ago
- Business
- The Sun
Stack Infrastructure to build RM7b data centre campus in Iskandar Puteri
ISKANDAR PUTERI: STACK Infrastructure, a top US digital infrastructure firm, will develop a RM7 billion hyperscale data centre campus in Iskandar Puteri. The project is set to create significant job opportunities and strengthen Malaysia's digital economy, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. He stated, 'This investment not only enhances Malaysia's position as a leading data centre hub in Southeast Asia, but also aligned with our national agenda to achieve net-zero carbon emissions by 2050.' The minister confirmed the project follows sustainability guidelines, adhering to the Guidelines for Sustainable Development of Data Centres. - Bernama
Yahoo
23-07-2025
- Business
- Yahoo
STACK Infrastructure Secures AUD $1.3 Billion in Green Financing to Accelerate Expansion of MEL01 Hyperscale Campus in Melbourne
Institutional financing reflects confidence in STACK's APAC execution and global platform scalability STACK Infrastructure Secures AUD $1.3 Billion in Green Financing to Accelerate Expansion of MEL01 Hyperscale Campus in Melbourne SINGAPORE, July 23, 2025 (GLOBE NEWSWIRE) -- STACK Infrastructure ('STACK'), the digital infrastructure partner to some of the world's most innovative companies and a leading global developer and operator of data centers, today announced the successful close of an AUD $1.3 billion green financing facility to fund the next phase of development at its MEL01 hyperscale campus in West Melbourne, Australia. The facility was fully underwritten by five Mandated Lead Arrangers and Underwriters (MLAUBs): Deutsche Bank, MUFG Bank, Natixis, Oversea-Chinese Banking Corporation, and Société Générale. Since Q2 2024, STACK has executed more than $2 billion in financings to support its operations in Australia. To date, STACK has raised more than $36.1 billion in capital globally, demonstrating strong institutional confidence in STACK's long-term strategy and its ability to support customers' digital infrastructure growth across key global markets. 'This transaction demonstrates STACK's strategic execution in Asia Pacific and highlights our ability to align with long-term capital partners who share our vision,' said Preet Gona, Chief Executive Officer of STACK APAC. 'We remain committed to our clients' hyperscale demand in one of the region's most rapidly growing digital infrastructure markets.' The structure of the facility enhances STACK's ability to scale efficiently in response to demand. By leveraging high-quality, income-generating assets, STACK secured favorable terms that enable continued investment in critical infrastructure—reinforcing its role as a premier digital infrastructure partner in Asia Pacific and across a globally diversified platform. With operations spanning four countries in the region and an expanding footprint across key international markets, STACK continues to execute on its long-term global growth strategy. About STACK InfrastructureSTACK is a proven, trusted partner for the world's most innovative companies, designing, developing, and operating sustainable global digital infrastructure. Backed by an unmatched record of reliable delivery and development expertise, STACK brings speed, scale, certainty, and responsibility to the demands of a rapidly evolving digital infrastructure landscape. For more information about STACK, please visit: Media Contact:Sammer Khalafpress@ A photo accompanying this announcement is available at
Yahoo
22-07-2025
- Business
- Yahoo
STACK Infrastructure Receives Guardian Award by Coast Guard Foundation
A reflection of shared values and a commitment to serving community needs STACK Infrastructure Receives Guardian Award by Coast Guard Foundation DENVER, July 22, 2025 (GLOBE NEWSWIRE) -- STACK Infrastructure ('STACK'), the digital infrastructure partner to the some of the world's most innovative companies and a leading global developer and operator of data centers, was honored with the Guardian Award by the Coast Guard Foundation during the Tribute to the Coast Guard in Our Nation's Capital on June 10, 2025. The award recognizes organizations that demonstrate a sustained commitment to the men and women of the U.S. Coast Guard, their families, and the broader maritime community. This honor reflects a shared commitment to service and readiness, embodied by the U.S. Coast Guard's motto Semper Paratus ('Always Ready'), and a collective effort to ensure that those who safeguard our shores are supported in times of need—a principle that closely aligns with STACK's 24/7/365 operational mission. The Guardian Award recognition celebrates STACK's pivotal role in founding the Heroes of the Sea fundraiser and transforming it into a high-impact initiative that has significantly increased awareness, engagement, and charitable contributions. Held in partnership with the Pacific Northwest Chief Warrant Officers Association (CWOA) and the Coast Guard Foundation, the event proceeds support a professionally managed endowment fund jointly overseen by the CWOA and the Foundation. This fund helps provide emergency financial relief, educational support, legal assistance, and other resources to U.S. Coast Guard members and their families. To date, Heroes of the Sea has raised over $2.1 million for these critical initiatives. 'At STACK, we believe supporting those who serve is a responsibility we all share,' said Ty Miller, Chief Commercial Officer of STACK Americas. 'Heroes of the Sea is more than a fundraiser, it's a reflection of our deep respect for U.S. Coast Guard members, veterans, and their families. We're proud to help enable the life-changing work of the Coast Guard Foundation and the CWOA, who stand beside service members through every challenge.' On August 7–8, STACK will host the 23rd annual Heroes of the Sea Charitable Fundraiser and Salmon Fishing Derby in Astoria, Oregon, in partnership with the Coast Guard Foundation and the CWOA. This year's event follows STACK's recognition with the Guardian Award and aims to build on that momentum with record fundraising goals and deeper community engagement—all in support of those who serve in the U.S. Coast Guard. About STACK InfrastructureSTACK is a proven, trusted partner for the world's most innovative companies, designing, developing, and operating sustainable global digital infrastructure. Backed by an unmatched record of reliable delivery and development expertise, STACK brings speed, scale, certainty, and responsibility to the demands of a rapidly evolving digital infrastructure landscape. For more information about STACK, please visit: Media Contact:Sammer Khalafpress@ A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-07-2025
- Business
- Yahoo
Implenia acquires $251.9m construction orders in Switzerland and Germany
Construction and real-estate service provider Implenia has secured a range of new building construction contracts in Switzerland and Germany, together valued at around SFr200m ($251.9m). The contracts include building a new data centre, a hotel rebuild, and a residential development. The company has entered a core and shell contract with sustainable digital infrastructure provider, STACK Infrastructure, to construct a new data centre in Beringen. This marks the eighth such project for Implenia in Switzerland since 2020. This facility will be built to the latest building information modelling (BIM) standards, enabling paper-free operations through the use of 3D models on BIM stations. The completion of the data centre is projected for 2027. In Gstaad, Switzerland, Grand Hotel Park SA has commissioned Implenia to undertake the rebuilding and renovation of the historic Grand Hotel Park, which opened in 1910. As the general contractor, Implenia is responsible for the core and shell construction and coordination of carpentry work. The project aims for Building Research Establishment Environmental Assessment Method certification and is utilising 'lean construction' methods. The hotel, managed by Squircle Capital, began construction in October 2024 and is expected to reopen as The Park Gstaad, A Four Seasons Hotel, in time for the 2026-27 winter season. Implenia has also been selected by real-estate company Mobimo as the total contractor for the Nordbau conversion and extension project in Aarau, Switzerland. The project, which is part of the Aeschbach quarter development, will preserve parts of the old concrete structure for sustainability. The mixed-use building will offer 122 rental apartments, 200m² of commercial space, and will meet the Minergie-ECO standard. All services, from demolition to turnkey interior fittings, will be provided by Implenia, with the project handover scheduled for mid-2028. In Germany, Implenia has acquired contracts for various projects, including a school and shopping centre in Heilbronn, a residential complex in Sindelfingen, and a specialist shopping centre near Bamberg. Additionally, the company is renovating a residential building in Halle and rebuilding a logistics hall for Lufthansa Aviation Training in Neufahrn. Last month, Implenia signed an early contractor involvement contract with SKB for the construction of the first underground section of a deep repository for radioactive waste in Sweden. "Implenia acquires $251.9m construction orders in Switzerland and Germany" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
