Macquarie Asset Management to back NTT's data center expansions

NTT announced a strategic real estate partnership Macquarie Asset Management, a leading global technology services company, covering NTT's wholesale facilities across Europe and North America.

 Under the arrangement, Macquarie Asset Management will have the opportunity to invest real estate capital alongside NTT as the company expands its data center footprint in Europe and North America. 

NTT is one of the world's largest data center operators, with over 1,300 MWs of data center capacity today, including a large development pipeline of a 25% increase in capacity across more than 20 countries and regions globally. 

Brett Robson, Global Head of Real Estate for Macquarie Asset Management, said: "We see this as a very attractive sector to invest in, given the exponential growth of global data and computing and the significant capital requirements for operators to keep up with user demand. We are delighted to partner with NTT, a leading data center operator, that has a global footprint and an exceptionally strong development and operational history."

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DigitalBridge backs Everstream for business fiber services

DigitalBridge, in partnership with a subsidiary of Canada Pension Plan Investment Board, has invested $220 million in the form of a holding company term loan to support the continued growth of Everstream Solutions.

Founded in 2014 and headquartered in Cleveland, Ohio, Everstream delivers a business-only, enterprise-grade fiber network services.  The company serves large and mid-sized enterprises with over 27,000 route miles of fiber, speeds up to 100 Gbps, and robust business fiber services, including low-latency dedicated internet, WAN and dark fiber.

Brett Lindsey, Everstream’s Chief Executive Officer, said, “We selected DigitalBridge Credit as our partner because of its unsurpassed sector expertise, leading credit structuring capabilities and ability to execute on an accelerated timeline. We look forward to benefitting from the team’s deep industry knowledge as we move forward with additional financial flexibility to continue growing our business-only fiber network, expand into new markets, serve more customers and create value for all Everstream stakeholders.”

https://www.everstream.net

https://www.digitalbridge.com/news/2022-04-01-digitalbridge-credit-announces-220-million-debt-investment-to-support-everstream

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