Apollo announced Wednesday that its managed funds have agreed to acquire a majority interest in Stream Data Centers (SDC), reflecting growing investor interest in digital infrastructure driven by AI and cloud computing. The deal positions both firms to expand aggressively in the data center market.
- Apollo's funds have acquired a controlling stake in SDC.
- The investment supports a multi-gigawatt development pipeline for SDC.
- Apollo and affiliates may deploy billions into next-gen digital infrastructure as part of the deal.
Relevant Companies
- Apollo Global Management (APO) – Increasing exposure to high-demand digital infrastructure assets through the SDC acquisition.
Editor’s Note: This is a developing story. This article may be updated as more details become available.