Stonepeak

Stonepeak has completed its previously announced USD 1.3 billion preferred equity investment in Princeton Digital Group (PDG), one of Asia’s largest and fastest-growing data center platforms. PDG represents our third data center investment in Asia Pacific, our ninth globally, and adds significant scale to our APAC data center footprint, which today spans more than 2.5 GW of capacity in operations or development. We look forward to working with the talented PDG team to fuel the company’s continued growth. Read more: https://lnkd.in/eTH9_2bW

Stonepeak Chairman, CEO, and Co-Founder Mike Dorrell recently sat down with Prof G Media’s Ed Elson for the First Time Founders podcast to talk about his path into the world of infrastructure investing, starting Stonepeak, and key lessons he’s learned throughout his career, from getting comfortable with uncertainty to empowering the next generation to step up. Give the podcast a listen: https://lnkd.in/ezG9zd8b

Stonepeak Chairman, CEO, and Co-Founder Mike Dorrell recently spoke on the Infrastructure Investor Podcast about powering data centers, the U.S. renewables landscape, and Stonepeak’s strategic expansion across Asia and the Middle East. Take a listen: https://lnkd.in/eqs2Km7e

Stonepeak has completed its previously announced acquisition of a majority interest in IOR, a leading integrated commercial fuel and logistics provider in Australia. We are excited to partner closely with the IOR team to support the growth of the business, which serves as a critical pillar of the fuel distribution value chain in Australia. Read more: https://lnkd.in/exxN5weS

Stonepeak today announced the launch of JouleTerra, a land aggregation platform dedicated to acquiring grid-connected land to support the development of renewable energy infrastructure in Europe. We are excited to broaden the availability of this critical resource through JouleTerra and look forward to playing a meaningful role in Europe’s energy transformation for years to come.   Read more: https://lnkd.in/eepPfuh9   Earlier today, Stonepeak also announced the platform’s inaugural investments in Solaria Energía y Medio Ambiente’s Generia Land and Electric Land. Learn more from the links below: ◾Electric Land announcement: https://lnkd.in/eDBK3zEZ ◾Generia Land announcement: https://lnkd.in/eYM6QeDd

Stonepeak has announced a $1.3 billion preferred equity investment in Princeton Digital Group (PDG), one of Asia’s largest and fastest-growing data center platforms, to support its continued expansion. With a top-tier management team, strong track record of execution, and a significant power bank in critical hub markets, we believe PDG is well-positioned to meet the continued demand from hyperscalers and AI-driven platforms. We look forward to working with Rangu Salgame and Varoon Raghavan and existing PDG shareholders Warburg Pincus LLC, Ontario Teachers' Pension Plan, and Mubadala to propel PDG’s next phase of growth. Read more: https://lnkd.in/ezb2K-26

Last month, Stonepeak’s Houston office hosted mentees and staff from Son of a Saint for an engaging day of networking and relationship building. We take pride in supporting Son of a Saint and its mission of transforming the lives of fatherless young men through mentorship, development of life skills, and formation of positive, lasting peer-to-peer relationships.

Stonepeak has agreed to acquire an ~50% co-controlling stake in IFCO SYSTEMS, a leading global provider of reusable packaging solutions for fresh foods, from the Abu Dhabi Investment Authority (ADIA). IFCO Systems operates the world’s largest pooled logistics network which utilizes more than 400 million reusable plastic containers (RPCs), supported by a network of ~140 facilities to connect more than 18,000 growers and 300 retailers. This market-leading operation delivers 2.5 billion shipments of fresh produce annually and is a critical component of the global fresh-food supply chain. We’re excited to work closely with Triton Partners to support IFCO’s high-quality platform and to accelerate the next chapter of the company’s growth. Read more: https://lnkd.in/eTewdW7m

We are excited to announce the appointment of Cindy Marrs as a Senior Advisor supporting the continued growth of Stonepeak+, Stonepeak’s dedicated wealth solutions platform. Cindy joins our deep bench of Senior Advisors and Operating Partners with more than 30 years of experience at Wellington Management, a $1.3 trillion asset manager, where she most recently served as Partner, Global Head of Wealth Management and has built an exceptional track record as a leader and business builder across multiple regions. We look forward to benefiting from her deep experience and invaluable perspective as we continue to scale our wealth platform. Read about the appointment: https://lnkd.in/e4AvBcRZ Learn more about Stonepeak+: https://lnkd.in/efzsFQC4

Stonepeak Managing Director Cyrus Gentry recently joined a panel discussion on the evolving alternatives landscape at Travers Smith’s fourth annual Alternative Insights Summit in London. Speaking alongside fellow leaders in alternative asset management, Cyrus discussed the ongoing evolution of demand for private markets from the wealth space, the emergence of new fund structures, the influx of traditional asset managers entering private markets, and Stonepeak’s position in the market as a scaled infrastructure specialist with a dedicated wealth platform, Stonepeak+.