MANAMA, BAHRAIN / MINNEAPOLIS, USA | January 14, 2026 – Arcapita Group Holdings Limited (“Arcapita”), the global alternative investment firm, today announced a joint venture partnership with Cloud Capital to acquire a 21-megawatt (MW) data center in Minneapolis, Minnesota. The partnership also unveiled plans to expand the facility’s capacity to 31 MW to meet escalating market demand.
The data center is primarily leased on a long-term basis to a premier provider of sovereign AI and cloud inferencing solutions. This acquisition places Arcapita at the forefront of the surging demand for high-density digital infrastructure, fueled by the global transition toward artificial intelligence and enterprise digital transformation.
Strategic Highlights:
- Expansion Potential: A planned 10 MW expansion designed to significantly boost operating income and investment value.
- Prime Location: Minneapolis is a Tier-1 data center hub characterized by robust power infrastructure, low natural disaster risk, and record-low vacancy rates.
- Blue-Chip Tenant: The facility serves a leader in sovereign AI, ensuring stable, long-term cash flows.
- Expert Partnership: Cloud Capital brings a portfolio of over $5.5 billion in assets under management and deep expertise in data center investment.
Leadership Perspectives:
Martin Tan, Chief Investment Officer at Arcapita, stated:
“AI and digital infrastructure are integral to Arcapita’s long-term strategy. This partnership with Cloud Capital marks a key milestone, providing a resilient foundation to scale our presence in high-growth, income-generating tech assets.”
Shariar Mohajer, President and CIO at Cloud Capital, added:
“This investment offers a unique combination of immediate income and significant upside. We are thrilled to partner with Arcapita to deliver a downside-protected return profile in the mission-critical data center sector.”
Brian Hebb, Managing Director and Head of US Real Estate at Arcapita, noted:
“Data centers are the cornerstone of the modern digital economy. This acquisition provides exposure to essential infrastructure with disciplined, value-enhancing growth potential.”
This transaction is expected to be the first of several strategic investments by Arcapita in the AI-enabled digital infrastructure segment over the near to medium term.

