STACK INFRASTRUCTURE’s Strategic Growth Continues with New Development in Silicon Valley

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DENVER--(BUSINESS WIRE)--STACK INFRASTRUCTURE ("STACK" or the "Company"), the data center company built from the ground up to address the technology infrastructure needs of rapidly scaling enterprises and hyperscale businesses, today announced plans to expand its data center campus in Silicon Valley. STACK has deep roots and a history of market leadership in Silicon Valley, and the project has been named an Economic Development priority by both PG&E and the State of California.

STACK's Silicon Valley development is the fourth expansion project to take place since the Company's launch in 2019. The Silicon Valley development follows several projects announced by STACK in 2019, which support the Company's commitment to building capacity in key markets to support its clients' evolving growth trajectories:
  • October 2019: STACK announced its expansion into a new market, New Albany, Ohio, via the acquisition of a purpose-built, Tier III data center. STACK's New Albany campus includes development land that has the potential to add an additional 32MW of capacity
  • September 2019: STACK announced plans for a 60+MW expansion of its Portland data center campus, currently under development
  • June 2019: STACK announced plans for a 20+MW, multi-story data center adjacent to its existing facility in Chicago, also currently under development

Capitalizing on the momentum of recent leasing success in Silicon Valley, STACK intends to break ground on a new building within its existing Silicon Valley data center campus. The planned 32MW, 240,000-square-foot data center will be adjacent to STACK's existing San Jose facility. As with the rest of the campus, the new building is expected to be served through PG&E's Direct Access program, which enables STACK to procure energy from renewable sources on behalf of its clients, effectively reducing their energy costs. This data center addition acknowledges Silicon Valley's standing as one of the largest and most critical data center markets in the world, due to its proximity to leading technology and cloud companies.

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"As home to a number of the world's leading technology companies, Silicon Valley is undoubtedly one of the most compelling markets in the world for data center investment," said Brian Cox, Chief Executive Officer of STACK. "We consider our ability to deliver cost-efficient, renewable energy to be extremely important in this market where our clients are seeking strategic proximity. We're confident that our newest development will help our clients fulfill critical business requirements in a world-class facility."

STACK is committed to being the data center industry leader in building and delivering flexible critical infrastructure solutions that meet and support the complex requirements of enterprise and hyperscale deployments. The Company's offerings include hyperscale campuses and build-to-suit data centers ("HYPER STACK™"), immediately available wholesale colocation and private data suites ("READY STACK™"), and powered shell options ("POWER STACK™").

For more information about STACK, please visit: www.stackinfra.com.

About STACK INFRASTRUCTURE

STACK is a leading data center company built from the ground up to address the full stack of its clients' critical infrastructure needs, today and into the future. The Company delivers a comprehensive suite of wholesale colocation, build-to-suit, and powered shell solutions in seven markets: Atlanta, Georgia; Chicago, Illinois; Dallas/Fort Worth, Texas; Ashburn, Virginia; New Albany, Ohio; Portland, Oregon; and Silicon Valley, California. With unparalleled existing and flexible expansion capacity in the leading availability zones, STACK provides the scale and geographic reach that rapidly growing enterprises and hyperscale companies need. For more information, please visit www.stackinfra.com.

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