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BlackRock-backed AIP among bidders for Stack’s $30B Asia data centers
- AIP, a consortium backed by BlackRock , Brookfield, KKR, and DigitalBridge are among suitors for Stack Infrastructure's Asia-Pacific portfolio, according to Bloomberg.
businesstimes - Blue Owl Capital , Stack's owner, hired Morgan Stanley and Deutsche Bank to advise on the sale, which could top $30 billion.
DCDNoticias - AIP, founded by BlackRock, Microsoft , and Mubadala's MGX, previously closed a $40 billion deal for Aligned Data Centers in October.
businesstimes
The Artificial Intelligence Infrastructure Partnership, a consortium backed by BlackRock , and KKR are among a growing list of parties interested in acquiring Stack Infrastructure's Asia-Pacific data center portfolio, Bloomberg reported on Tuesday, as the race for AI-ready computing capacity in the region intensifies.
A Crowded Field of Bidders
Brookfield Asset Management , IFM Investors, and DigitalBridge Group — which is in the process of being acquired by SoftBank Group — are also among the potential suitors, according to people familiar with the matter. Stack has been gauging interest and is preparing to begin a formal sale process as soon as July, the sources said.businesstimes+1
The assets, which span data centers in Tokyo, Osaka, Melbourne, Sydney, and Johor Bahru in Malaysia, could fetch more than $30 billion, according to earlier Bloomberg reporting. Blue Owl Capital , which acquired Stack last year, has hired Morgan Stanley and Deutsche Bank to advise on the sale.Reuters+2
AIP's AI Infrastructure Ambitions
AIP was founded by BlackRock's Global Infrastructure Partners, Microsoft , and Mubadala Investment's MGX, with additional backing from Nvidia , the Kuwait Investment Authority, and Temasek. The group's mandate is to invest in and expand AI infrastructure, and its inaugural deal was a $40 billion acquisition of Aligned Data Centers announced in October.The Business Times+1
Asia's Data Center Boom Drives Dealmaking
The number of prospective buyers underscores how data centers have moved to the forefront of dealmaking across the Asia-Pacific region. Hyperscale cloud providers have committed hundreds of billions of dollars in capital expenditure for 2026, driving historic valuation growth for data center assets in Asia. Considerations remain preliminary and no final decision has been made, with other bidders potentially still emerging.youtube+3
Sources (14)
- 1 BlackRock-backed AIP said to be interested in Stack data centres www.businesstimes.com.sg
- 2 Blue Owl steps up efforts to sell Stack Infrastructure's APAC portfolio www.datacenterdynamics.com
- 3 AIP, backed by BlackRock and Temasek, said to be interested in Stack data centres www.businesstimes.com.sg
- 4 Blue Owl's Stack to consider $30 billion sale of Asia operations, Bloomberg News reports www.reuters.com
- 5 Blue Owl Data Center Operator Stack Is Said to Consider ... www.bloomberg.com
- 6 [5/6 04:00] Blue Owl's Stack weighs $30B Asia data center sale / Critical Ollama vulnerability "B... www.youtube.com
- 7 BlackRock-backed AIP said to be interested in Stack data centres www.finanzen.at
- 8 BlackRock-backed AIP, KKR said to court Stack's Asian data centres www.theedgesingapore.com
- 9 Manuel Baigorri, Elffie Chew & Pei Li www.theedgemarkets.com
- 10 American data center operator Stack may sell assets in ... www.akm.ru
- 11 KKR on ‘Enormous' AI-Driven Data Center Demand www.bloomberg.com
- 12 Stack Infrastructure is exploring a partial or full sale of its Asia ... www.facebook.com
- 13 Stack Infrastructure, a data center company owned by Blue Owl ... x.com
- 14 BlackRock-backed AIP, KKR said to court Stack's Asian ... www.theedgemarkets.com
