I Squared Capital buys $225M data center portfolio from Cogent Fiber to build AI inference platform
I Squared Capital has acquired a $225 million data center portfolio from Cogent Fiber to establish a new platform focused on AI workloads. The Miami-based firm plans to invest up to $1 billion for upgrades and expansions across the facilities. This strategic move highlights the growing demand for data centers that support AI inference and colocation services in urban areas.
- ▪I Squared Capital purchased 10 data center facilities from Cogent Fiber for $225 million.
- ▪The acquisition provides approximately 53 megawatts of power capacity and 259,000 square feet of colocation space.
- ▪Cogent Communications intends to use the proceeds from the sale primarily for debt reduction.
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I Squared Capital buys $225M data center portfolio from Cogent Fiber to build AI inference platform The Miami-based infrastructure firm is committing up to $1 billion to create a standalone US data center platform focused on AI workloads. Share Add us on Google by Editorial Team May. 27, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); I Squared Capital just wrote a $225 million check for 10 data center facilities from Cogent Fiber,…
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