Saragon, a new U.S. data center operator, has launched 10 facilities across nine U.S. markets, supported by US$ 1 billion in committed capital from I Squared Capital, an independent global infrastructure investor. Saragon was formed after I Squared acquired the facilities from Cogent Fiber, a subsidiary of Cogent Communications Holdings. The portfolio includes data centers in Chicago, Atlanta, Phoenix, Los Angeles, Kansas City, Baltimore, Houston, Nashville and Stockton, with 53 MW of installed power capacity and 259,000 square feet of colocation space.
According to a press release, Saragon is targeting demand for colocation, high-density computing and AI inference infrastructure. Its facilities offer high-density power, liquid-cooling capabilities and connections to multiple fiber carriers, including access to local internet exchanges. The company also plans to expand through investments in its existing facilities, customer-led development and acquisitions with intentions to enter additional U.S. markets.
Steve Orlando, who has been appointed chief executive officer of Saragon, said, “Demand for edge capacity is accelerating across everything we do retail, enterprise, and wholesale colocation alike as businesses of every kind bring compute closer to their users, AI inference is the newest driver, but the same fundamentals power content delivery, hybrid cloud, and mission-critical enterprise workloads. With a launch footprint spanning nine major markets across the country and the backing of I Squared Capital, Saragon is built to deliver that capacity where our customers need it most.”
Kevin Dalton is joining as president after recently serving as chief data center officer at Cumulus Data, a division of Talen Energy.
Saragon’s facilities are located in metropolitan markets where new data center development is becoming more difficult because of constraints on power and other infrastructure. All 10 sites are purpose-built data centers that Saragon owns outright and can expand the shift towards deploying AI models and applications, rather than primarily training them. This is increasing demand for computing capacity closer to end users while other workloads are planned to support content delivery, hybrid cloud and enterprise applications.
Saragon plans to offer retail colocation for single-cabinet deployments, enterprise colocation for corporate infrastructure and wholesale colocation for larger deployments to support high-density and liquid-cooled systems and interconnection-focused deployments for AI inference, content delivery and hybrid-cloud workloads.