Stack seeks AU$1.3B loan as Australia becomes data center battleground

Stack Infrastructure is reportedly pursuing an AU$1.3 billion loan to fund its expanding Australian footprint, including a planned 450MW campus in Sydney. Backed by Blue Owl Capital, the firm is accelerating local development amid rising demand. The five-year syndicated loan, led by major global banks, signals growing international interest in Australia’s data infrastructure race—especially as Stack eyes further APAC growth.