Sphere advances merger with Cathedra to create 53 MW multi-site power platform
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Sphere is advancing its merger with Cathedra, aiming to establish a 53 MW managed power platform across five data centers in Iowa, Kentucky, and Tennessee. The transaction is expected to close soon, pending customary approvals. Cathedra has secured a hosting agreement for approximately 80% of its 15 MW capacity at the Shire site, enhancing revenue visibility. The combined entity will focus on modular, power-optimized infrastructure for AI and high-density workloads, with post-merger efforts directed towards integration and asset optimization.
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