Montera Infrastructure Launches with $1.5B Stonepeak Backing to Build AI, Cloud Data Centers 

Stonepeak, an alternative investment firm specializing in infrastructure and real assets, announced the launch of Montera Infrastructure, a new, hyperscale-focused data center company, with a $1.5 billion equity commitment. The company will develop large-scale data centers, exceeding 100 megawatts, in key North American metropolitan areas, targeting hyperscale tech providers. 

NY-based Stonepeak’s investment marks its fourth data center venture in North America and eighth globally. The firm previously launched Digital Edge in Asia Pacific in 2020 with $1 billion in equity and acquired Lumen Technologies’ Latin American operations in 2022 for $2.7 billion, forming Cirion. 

Leading Montera is Eanna Murphy, a former Google Data Centers executive with over a decade of experience. Murphy’s team, including Oracle and Equinix veterans Craig Pennington and Joe Walsh, has delivered over eight gigawatts of data center capacity and shaped infrastructure strategies for hyperscale clients. 

“Montera was born from a simple conviction: the digital future demands infrastructure that is faster, smarter, and built with intent. With a significant capital commitment from Stonepeak and a team of seasoned hyperscale experts, we are well-positioned to lead the next wave of development across North America,” said Murphy.