Data center investment firm Aphorio Carter has acquired two enterprise data centers in Kentucky.
The company this week announced the acquisition of data centers in Louisville and Simpsonville for a combined purchase price of approximately $35 million. The two properties operate as enterprise data centers occupied by the same Fortune 200 tenant.
Both properties were built in 2011 and offer 1MW across 102,500 square feet (9,520 sqm). Both sites are equipped with 10,000 sq ft (930 sqm) of raised floor space with an additional 10,000 sq ft of shell space for future expansion. The Louisville data center sits on 30 acres while the Simpsonville facility occupies 21 acres.
Each data center supports up to 1MW of critical IT load with an N+1 UPS configuration and a PUE of 1.7. Both sites feature dual 3,300HP, 2MW generators, and two utility feeds; from LG&E at the Louisville facility and Kentucky Utilities at the Simpsonville facility.
"These data center investments expand Aphorio Carter's portfolio into the Louisville market with strong fundamentals, further enhancing portfolio diversification. Louisville is emerging as a prime data center market, offering a strategic blend of low operating costs, robust fiber infrastructure, and access to major markets like Chicago and Atlanta. With affordable energy, tax incentives, and a business-friendly environment, this market presents a compelling opportunity for long-term growth in the digital infrastructure sector," said John Regan, chief investment officer of Aphorio Carter.
The company didn’t share details, but the image provided matches Eaton’s facility at 12901 Plantside Drive in Louisville’s Blankenbaker Station Business Park.
Data center power firm Eaton announced Project Bluegrass – a project to develop two 102,000-square foot (9,500 sqm) data centers in Louisville and Simpsonville – back in 2008.
Replacing aging legacy data centers near the company’s HQ in Cleveland, Ohio, they launched in 2011. Eaton’s Simpsonville facility is located at 70 Kingbrook Parkway in the Kingbrook Commerce Park.
The latest purchases mark Aphorio Carter Critical Infrastructure Fund's eighth and ninth acquisitions since the company's first in June 2022. The latest deals bring the fund's total assets under management to approximately $238 million and spanning 871,000 sq ft (80,900 sqm)
In February 2023, Aphorio Carter acquired a data center in Bryan, Texas, leased to colo firm Fibertown. It later purchased a leased data center in Tucson, Arizona. November 2023 saw the company acquire a fully leased enterprise data center property in Collierville, Tennessee for approximately $13 million.
Most recently, the company acquired an Equinix and Verizon-leased data center in Denver, Colorado, in August 2024, and a former Digital Realty data center in Trumbull, Connecticut, in December.
