BlackRock-backed consortium explores $25 billion acquisition of Stack Infrastructure's Asia Pacific data centers
Type: Acquisition · Technology: Data Center · Country: Australia · Value: $25B · Announced: 2026-09-24
An investor consortium led by the BlackRock-backed Artificial Intelligence Infrastructure Partnership (AIP) and IFM Investors is in exclusive talks to acquire Stack Infrastructure's Asia Pacific data center portfolio, which could value the assets at up to $25 billion. The portfolio includes data center facilities in Melbourne, Osaka, Sydney, and Tokyo, and is currently owned by Blue Owl Capital. The consortium is preparing to conduct due diligence on the assets, and deliberations are ongoing. AIP was founded by BlackRock, Global Infrastructure Partners (GIP), MGX, Microsoft, and NVIDIA to expand AI infrastructure capacity.
Counterparties
- Stack Infrastructure (Seller)
- Blue Owl Capital (Parent Company)
- Artificial Intelligence Infrastructure Partnership (AIP) (Buyer)
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