Montera Infrastructure Launches with $1.5 Billion Backing from Stonepeak

Deal News | Apr 23, 2025 | Stonepeak

Stonepeak, a prominent alternative investment firm, has announced the launch of Montera Infrastructure, a new data center company focused on hyperscale solutions in North America, driven by a $1.5 billion equity commitment. Montera aims to design and operate large-scale, build-to-suit data centers to meet the burgeoning demand for cloud computing and AI-related workloads. Eanna Murphy, previously a senior figure at Yondr and Google, helms the company as CEO, supported by a team of industry veterans. Stonepeak, renowned for its prowess in infrastructure and real assets, backs this venture as part of its strategic focus on digital infrastructure. Montera's operations will concentrate on efficient power and infrastructure development, targeting strategic metropolitan areas. This initiative represents Stonepeak's latest foray into the data center market, complementing its existing portfolio and highlighting its commitment to transformative tech infrastructure growth.

Sectors

  • Digital Infrastructure
  • Investment Management

Geography

  • North America – Montera Infrastructure will operate and develop data centers within North America, aiming to cater to the region's increasing demand for cloud and AI infrastructure.

Industry

  • Digital Infrastructure – Montera Infrastructure will focus on the development and operation of hyperscale data centers, which are critical components of digital infrastructure supporting cloud computing and AI workloads.
  • Investment Management – Stonepeak, an investment firm, is committing significant capital to develop Montera Infrastructure, highlighting its role in asset management and strategic investment in infrastructure projects.

Financials

  • $1.5 billion – The equity commitment made by Stonepeak to fund Montera Infrastructure's development and operational endeavors.

Participants

NameRoleTypeDescription
StonepeakPrivate Equity FirmCompanyStonepeak is an alternative investment firm with a focus on infrastructure and real assets, providing the $1.5 billion equity commitment for Montera Infrastructure.
Montera InfrastructureTarget CompanyCompanyMontera Infrastructure is a newly launched company, developed to create hyperscale data centers in North America, backed by Stonepeak.
Eanna MurphyCEO of Montera InfrastructurePersonEanna Murphy is the CEO of Montera Infrastructure, with previous experiences at Yondr and Google, leading the company's strategies in data center development.
Craig PenningtonCTO of Montera InfrastructurePersonCraig Pennington serves as the Chief Technology Officer at Montera, bringing expertise from Oracle and Equinix.
Joe WalshCDO of Montera InfrastructurePersonJoe Walsh is the Chief Delivery Officer at Montera, coming from roles at Oracle and Equinix.
Andrew ThomasSenior Managing Director, StonepeakPersonAndrew Thomas is the Senior Managing Director at Stonepeak, responsible for digital infrastructure investments outside Europe.