Vantage Data Centers, a leading global provider of hyperscale data centre campuses, and a consortium of investors led by MEAG and Infranity, along with funds affiliated with the investment management platform of DigitalBridge Group, (together the ‘Investor Consortium’), have completed a previously announced investment partnership in certain Vantage European data centre assets.
The investment partnership initially consists of six stabilised data centres in strategic locations across Europe and is valued at approximately €2.5 billion (approximately US$2.7 billion), including Vantage’s stake. The data centres span more than 1.8 million gross square feet and 177MW of IT capacity and are located in key strategic markets.
Vantage’s management team, led by President and CEO, Sureel Choksi, will continue to manage and operate these assets as part of its global data centre portfolio. The additional capital raised from the Investor Consortium will be used to support the continued growth of Vantage’s EMEA data centre platform.
“This investment partnership provides Vantage with multiple partners with deep expertise in digital infrastructure,” said Choksi. “This transaction provides Vantage with additional capital to continue our expansion in new and existing markets across EMEA, capitalising on the extraordinary growth opportunities, driving innovation and delivering state-of-the-art sustainable data centres for our customers.”
Dominik Damaschke, Head of Infrastructure Equity, MEAG, added: “Data centres are the backbone of the increasing digitisation of the economy, and we are proud to invest in a portfolio of top-tier hyperscale data centres in Europe. The investment is another milestone in MEAG‘s strategic expansion into digital infrastructure.”
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