What is the latest status of the project “Principal Data Center Growth and Income Fund”?

The status recorded for “Principal Data Center Growth and Income Fund” is awarded.

What is the budget and commercial profile for the project “Principal Data Center Growth and Income Fund”?

Taiyo normalizes the budget of “Principal Data Center Growth and Income Fund” to USD 3640000000.

Where can I verify the source and access all details for “Principal Data Center Growth and Income Fund”?

This Taiyo project page references Startup Fortune along with the original URL (https://startupfortune.com/principal-raised-364-billion-for-ai-data-center-development-and-the-story-is-bigger-than-the-number/). Taiyo standardizes official data into a consistent, searchable project profile.

Principal Data Center Growth and Income Fund

Sector: Data Center • Location: United States

Source: Startup Fortune

Project

Awarded

Principal Asset Management closed its third data center fund at $3.64 billion in early 2025, targeting more than $8 billion in US hyperscale data center development in partnership with Stream Data Centers. The fund backs the development of hyperscale data center projects across the United States, focusing on AI infrastructure as a mainstream institutional asset class.

Status: Closed
Sector: Data Center
Location: United States of America
Updated: 22 Jul 2026
Source: Startup Fortune

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Project Information

4 Q

The project “Principal Data Center Growth and Income Fund” is an infrastructure initiative in the Data Center sector, located in United States. Taiyo aggregates data on it from Startup Fortune.

Participants

Not available for this record.

Status

Original status	awarded
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Principal Asset Management closed its third data center fund at $3.64 billion in early 2025, targeting more than $8 billion in US hyperscale data center development in partnership with Stream Data Centers. The fund backs the development of hyperscale data center projects across the United States, focusing on AI infrastructure as a mainstream institutional asset class.
Original sector	Data Center
Budget

Location

Country

United States of America (USA)

Source

Source	Startup Fortune
URL

More Details

Record type	Project
Sector	Data Center
Article published date	2026-05-10

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Principal Data Center Growth and Income Fund

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