Vantage Data Centers finalizes €2.5bn investment partnership for European assets

Vantage Data Centers, a leader in global hyperscale data center campuses, along with a consortium of investors led by MEAG and Infranity, and other affiliates of DigitalBridge Group, Inc., have finalized a key investment partnership. This partnership is centered around certain Vantage European data center assets, valued at approximately €2.5 billion (around $2.7 billion), inclusive of Vantage’s stake. The deal encompasses six stabilized data centers located in vital strategic locations across Europe, encompassing over 1.8 million gross square feet and an IT capacity of 177MW.

Continued Management and Growth Prospects

The management of these assets will remain under the guidance of Vantage’s President and CEO Sureel Choksi and his team. They will continue operating these centers as part of Vantage’s expansive global data center portfolio. The infusion of capital from this Investment Partnership is expected to bolster the growth of Vantage’s EMEA data center platform, capitalizing on expanding market opportunities, driving innovation, and delivering advanced, sustainable data centers to meet customer needs.

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Vantage Data Centers Secures €2.5 Billion Investment for European Expansion
Vantage Data Centers Secures €2.5 Billion Investment for European Expansion. Photo courtesy of Business Wire.

Partnership Significance and Statements from Executives

Choksi commented on the partnership, emphasizing the access to multiple partners with extensive expertise in digital infrastructure and the provision of additional capital for Vantage’s expansion across new and existing EMEA markets. Dominik Damaschke, head of infrastructure equity at MEAG, highlighted the significance of data centers in the digitization of the economy, expressing pride in investing in a top-tier hyperscale data center portfolio. Jaime Hector of Infranity echoed this sentiment, focusing on the investment’s alignment with economic growth and sustainability goals.

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Advisory roles in the transaction were held by Citi for Vantage, while Rothschild & Co advised MEAG and Infranity. Legal advice was provided by Linklaters LLP, Loeb & Loeb LLP, and DLA Piper UK LLP for the respective parties. This strategic investment underlines the growing importance of data centers in supporting the digital economy and underscores the commitment of leading investors to advancing sustainable, state-of-the-art digital infrastructure in Europe.

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