Stack Infrastructure Inc., backed by Blue Owl Capital, is seeking an A$8.5 billion (US$5.9 billion) syndicated loan to finance a new data center project in Melbourne, multiple outlets report citing people familiar with the matter. The proposed financing is described as potentially among the largest syndicated loans in Australia’s data center sector.
The reports say the funding would support Stack Infrastructure’s latest expansion in Melbourne, aligning with broader investor demand for assets tied to artificial intelligence and cloud computing infrastructure. Both sources characterize the effort as part of a continuing wave of debt financing for data centers, though neither provides details on lender participation, pricing, final terms, or timing.
At this stage, the information is limited to the company’s request for a large syndicated facility and its intended use for the Melbourne project. Additional updates would be required to confirm whether the loan is fully underwritten, the maturity and interest structure, and any conditions precedent before drawdown.
