Vantage x Heron Power (800 VDC solid-state transformers)

Vantage Data Centers is a Santa Clara, California based wholesale colocation operator that builds and runs hyperscale campuses for cloud and AI training tenants. Founded in 2010 with a single Silicon Valley site, it has grown into a global platform of roughly three dozen data centers across North America, EMEA and APAC, with active operations in the United States, Canada, Germany, Ireland, Italy, Poland, Switzerland, the United Kingdom, South Africa, Australia, Hong Kong, Japan, Malaysia and Taiwan.\n\nThe company is privately held by a consortium led by DigitalBridge Group, alongside Silver Lake, AustralianSuper, PSP Investments, GIC and ADIA. That sponsor base has funded a shift from mid sized enterprise halls to gigawatt scale AI campuses: Vantage is one of the wholesale landlords behind the Oracle and OpenAI Stargate build out in Port Washington, Wisconsin, and in 2026 announced a UK AI Growth Zone deployment in South Wales with Nebius as the anchor tenant.\n\nUnlike REIT peers such as Digital Realty or Equinix, Vantage does not trade publicly. Its playbook is large single tenant leases to hyperscalers and AI labs rather than retail interconnection, and its footprint is concentrated in a small number of very large campuses (Santa Clara, Ashburn, Quincy, Phoenix, Port Washington, Berlin, Frankfurt, Cardiff, Zurich, Johannesburg, Sydney, Osaka) rather than a dense metro fabric.

Heron Power builds medium-voltage power conversion equipment for AI data center campuses around its Heron Link platform, with products for AC campuses today and for 800 VDC native-DC facilities.