Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced Montera Infrastructure’s launch, which is a new North American hyperscale-focused data center company with a $1.5 billion equity commitment.
Montera will develop and operate turnkey and build-to-suit data centers to support the rapid growth of cloud computing and AI inferencing workloads for hyperscale customers across North America. The company will also focus on land parcels with a clear path to near-term power in Tier I and Tier II metro areas and plans to construct and operate 100+ megawatt (MW) facilities.
Montera is headed by Founder and Chief Executive Officer Eanna Murphy, formerly a data center executive at Yondr and Google. And he is joined by a team of founding executives including Chief Technology Officer Craig Pennington (formerly Oracle and Equinix) and Chief Delivery Officer Joe Walsh (formerly Oracle and Equinix).
The founding executives bring over a century of experience in leadership roles at major data center operators and hyperscale customers and strong track records of executing similar strategies.
Montera represents Stonepeak’s fourth North American data center investment and its eighth globally. The firm’s global data center portfolio now includes Cologix, CoreSite, Digital Edge, and Cirion. It spans 100+ facilities and 500+ MW of capacity, with a pipeline of 400+ MW in development.
KEY QUOTES:
“Montera was born from a simple conviction: the digital future demands infrastructure that is faster, smarter, and built with intent. With a significant capital commitment from Stonepeak and a team of seasoned hyperscale experts, we are well-positioned to lead the next wave of development across North America. Our mission is to deliver strategically located and scalable digital infrastructure that is engineered for rapid deployment and reliability so that our partners can focus on what matters most.”
Eanna Murphy
“Addressing the unprecedented demand growth stemming from AI advancements and cloud computing requires expertise in data center development, power generation and transmission, capital formation and deep relationships with the hyperscalers. Eanna and his team have a track record of delivering more than eight gigawatts of data center capacity and have been at the forefront of helping design the infrastructure strategy of hyperscale customers, from model training and tuning to inferencing at scale. We are excited to partner with them and bring to bear the experience and capabilities of Stonepeak’s leading digital and power franchises.”
Andrew Thomas, Senior Managing Director and Head of Digital Infrastructure, Global ex-Europe at Stonepeak
