Tuesday, April 4, 2023

Vantage signs Investment Partnership to fund EMEA expansions

Vantage Data Centers will form an Investment Partnership with a consortium of investors led by funds affiliated with the investment management platform of DigitalBridge, MEAG and Infranity (together with other investors).

The transaction values the Investment Partnership, which is related to certain stabilized European assets, at approximately €2.5 billion (approximately $2.7 billion), including Vantage’s stake. The additional capital raised by the Investor Consortium will be used to support the continued growth of Vantage’s EMEA data center platform. The Investment Partnership is expected to be finalized in the second quarter of 2023, subject to satisfaction of certain closing conditions, including the receipt of certain regulatory approvals.

https://www.vantage-dc.com