Digital Realty Adds Kansas Power And Private Capital Deals
Digital Realty is combining a powered Kansas City hyperscale site with larger Teraco ownership and a Columbia Capital acquisition, tying data center growth to land, power and private capital.
Kansas Site Adds A 600MW Power Path
Digital Realty is moving into the Kansas City metro with a powered land acquisition in De Soto, Kansas, while also expanding its position in Teraco and buying Columbia Capital.
The Kansas site gives the data center operator a large hyperscale development path in a market being pulled into AI and cloud infrastructure by land and utility access.
Digital Realty acquired about 1,440 acres at Astra Enterprise Park from Sunflower Redevelopment Group for approximately $475 million.
The first phase, Astra North, would cover about 280 acres.
Plans call for as many as nine buildings totaling around 3 million square feet and an on-site substation.
Digital Realty has an energy service agreement with Evergy for 600MW of utility power by early 2028, with the supply rising to 2GW at full delivery.
Teraco And Columbia Expand The Capital Platform
Digital Realty is also increasing its ownership of South African data center company Teraco.
It plans to buy an additional 16 percent stake for approximately $650 million, mainly with 3.4 million common shares.
Closing is expected in the second half of 2026 and would lift Digital Realty’s ownership to 77 percent.
Teraco gives Digital Realty a larger position in Africa’s data center market.
At full expansion, Teraco’s portfolio is set to reach 191MW across Isando, Bredell, Cape Town and Durban campuses.
The third transaction is the planned acquisition of Columbia Capital for approximately $485 million, also mainly through stock.
Columbia focuses on communications, technology and digital infrastructure and has more than $9 billion in fund commitments from institutional investors.
Power, Land And Funds Shape The Expansion
The Kansas project shows why hyperscale development is becoming a financing and utility-coordination problem as much as a construction problem.
The former Sunflower Army Ammunition Plant land is now an industrial redevelopment site.
Digital Realty also plans to finance new industrial wastewater treatment infrastructure for the project.
Digital Realty said Columbia Capital will support its Strategic Private Capital platform.
The company closed a $3.25 billion US hyperscale data center fund earlier this year, with a focus on major Tier 1 metro markets and a 20 percent retained ownership interest.
The expansion package still has execution gaps.
The Kansas campus depends on Evergy power delivery, wastewater infrastructure and phased construction, while the Teraco and Columbia deals are both expected to close in the second half of 2026.
