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Stonepeak increases investment in CoreSite to $3bn

The New York-based investment group has now increased its stake in American Tower’s US data centre business to 36%.

By João Marques Lima

Founder and Editor, The Tech Capital

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October 30, 2022 | 7:36 PM GMT

Stonepeak increases investment in CoreSite to $3bn

Andrew Thomas, Managing Director and Co-Head of Communications at Stonepeak. Source: Stonepeak

The Tech Capital

Alternative investment firm Stonepeak has invested an additional US$570 million into CoreSite, a data centre opertor and subsidiary of American Tower Corporation (NYSE: AMT).

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João Marques Lima

Founder and Editor, The Tech Capital

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