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Principal Asset Management backs 100MW hyperscale data centre in Oregon

The first phase of the project includes a ~300,000 square-foot facility on a 35-acre site.

By João Marques Lima

Founder and Editor, The Tech Capital

2 Mins

January 17, 2023 | 4:27 AM GMT

Crane Data Centers Inc. and Principal Asset Management, the global investment solutions business for Principal Financial Group (Nasdaq: PFG), through its real estate investment team, said it will develop a 100+ MW data centre campus in Portland, US.

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João Marques Lima

Founder and Editor, The Tech Capital

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