Vantage Data Centers, a leading global provider of hyperscale data center campuses, has announced that GIC, a leading global investor, and MEAG, the asset manager of Munich Re Group, will invest a combined €1.4 billion (US$1.5 billion) into Vantage’s EMEA data centre platform.
This transaction represents GIC’s first investment in the Vantage EMEA business and an expansion of MEAG’s investment in Vantage’s EMEA platform.
Vantage’s EMEA portfolio currently includes approximately 2.5GW of IT capacity that is operational or in development.
The transactions are expected to be finalised in the first quarter of 2025, subject to satisfaction of certain closing conditions, including the receipt of certain regulatory approvals.
