Stream Data Centers Acquired by Apollo to Drive Hyperscale Growth

📅 November 3, 2025 - The previously disclosed acquisition of a majority stake in Stream Data Centers, a top developer and operator of hyperscale data center campuses across the US, has been finalized by investor Apollo Funds. Principal Asset Management is using a Principal-managed fund to purchase a minority stake in SDC as part of the deal. The management group of SDC will keep a minority ownership and continue to run the business.

SDC, a crucial operational platform in Apollo's ecosystem, is well-positioned to scale development throughout its platform and carry out a 4+ gigawatt pipeline that serves the most advanced technology and artificial intelligence infrastructure users worldwide. For major [...][... Check source for end of article ...]

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