In a move to enhance its ability to deliver flexible and scalable data center solutions, PointOne Data Centers has secured a strategic partnership with a global investment management firm with more than $37B in assets under management. This collaboration provides the resources needed to further develop PointOne’s data center platform, reinforcing its role as a key player in the evolving digital infrastructure landscape.
Scaling to Meet Hyperscale Demand
With a portfolio spanning nearly 950MW of potential critical IT load across over 500 acres, PointOne’s latest investment marks a milestone in its mission to deliver turnkey, build-to-suit, and powered shell data center solutions. The company plans to construct fourteen data centers totaling over 6.1 million square feet, supporting the needs of hyperscale and cloud providers.
“This is an important milestone for PointOne Data Centers, and we are excited to partner with an established investor that allows us to scale our portfolio to offer flexible data center solutions that align our infrastructure solutions with our customers,” said Colin Clish, Co-Founder and President of PointOne. “This partnership is a testament to the quality of our prepared sites and our strategic commitment to building a regional platform.”
A Strong Portfolio of Hyperscale-Ready Sites
PointOne has strategically acquired three hyperscale-ready campuses in Virginia:
- Ashburn Data Center Campus: Designed for a total capacity of 132MW across two buildings.
- Remington Data Center Campus: Set to deliver 400MW of power across five buildings, with 50MW available by Q4 2026.
- Richmond Data Center Campus: Planned for up to seven buildings, offering a total 400MW capacity to serve the Central Virginia market.
The leadership team, composed of industry veterans, underscores PointOne’s ability to provide development expertise from site planning through commissioning. According to Devin Donnelly, CFO at PointOne, the company is focused on building a data center platform that aligns with hyperscaler requirements while ensuring reliability and scalability.
Expanding Beyond Virginia
While Virginia remains a central focus, PointOne is actively acquiring land in other key data center markets to expand its platform. As the demand for cloud and AI-driven workloads continues to surge, the company is positioning itself as a strategic partner for hyperscalers looking for flexible and scalable solutions.
Solomon Partners Securities, LLC served as the exclusive financial advisor, while Greenberg Traurig, LLP acted as the legal advisor to PointOne on the transaction.
For mor einformation about PointOne Data Centers, visit https://www.pointonedatacenters.com.
