Vantage Data Centers raises US$1.35 billion

Vantage Data Centers has raised USD$1.35 billion in securitized notes to be used to refinance existing financings in place for three data centers on the company’s flagship Northern Virginia campus and five data centers in the province of Quebec, Canada, as well as to fund general corporate needs.

Deutsche Bank Securities acted as Sole Structuring Advisor. In addition to Deutsche Bank, Societe Generale, Truist Securities and Wells Fargo Securities acted as Joint Active Bookrunning Managers on the transaction.

“This transaction is Vantage’s ninth securitization financing since 2018. It’s also our fourth green financing bringing our total green loan financings to more than $2 billion,” said Sharif Metwalli, Vantage’s chief financial officer. “This financing provides an even stronger financial position for our North American platform and enables us to continue scaling the business to meet customer demand in an environmentally friendly way. We appreciate the ongoing support and partnership from our lead investor, DigitalBridge, and their confidence in us to grow the business to not only meet our customers’ IT requirements but also to align with our customers’ sustainability goals.”

“Vantage is delivering on its growth strategy, and despite inflation and the challenging capital markets, investors continue to be confident in Vantage’s ability to execute as evidenced by this securitization,” said Jon Mauck, senior managing director at DigitalBridge. “We look forward to further building on this momentum to drive value for our stakeholders, not only in North America, but around the world. Vantage is uniquely positioned for long-term growth with a leading digital infrastructure platform designed for the world’s preeminent hyperscalers and cloud providers.”

• Vantage recently announced that AustralianSuper, Australia’s largest pension fund, will invest €1.5 billion to acquire a significant minority stake in Vantage’s EMEA business, joining DigitalBridge as a key shareholder. 

Read More

Vantage Data Centers invests £500 million in 48MW London campus

Vantage Data Centers unveiled plans for a 48MW £500 million data center campus in London. The new facility, which is situated on nearly five acres (two hectares) in the PowerGate neighborhood of North Acton, an established data center community in the northwest part of the city, will total 430,000 square feet (40,000 square meters) across two 24MW multi-story data centers once fully developed. 

The first facility will open its doors to hyperscale customers and cloud providers in late 2024, which will mark Vantage’s 11th campus in EMEA.

“Vantage has experienced rapid growth over the past three years as we continue developing state-of-the-art data center campuses across EMEA,” said Antoine Boniface, president, EMEA at Vantage Data Centers. “With London being one of the largest data center markets in the world, this expansion further solidifies Vantage’s role at the forefront of the digital infrastructure revolution. With relatively little inventory available in London and requirements on the rise, we are ideally positioned to deliver for our customers.”

“The continuing demand for data centers in London offers a prime opportunity for Vantage Data Centers to make its entrance into the highly-coveted market,” said Tim Kay, deputy director for technology, Department for International Trade in London. “Vantage’s presence in London will play a key role in enabling leading technology enterprises with additional IT capacity to support digital transformation initiatives and cloud adoption.”

In addition to the development of its London campus, Vantage has completed the first phase (12MW) of a second 40MW facility at its growing Cardiff campus, located in Wales, the second largest data center market in the U.K. The new facility boasts one of the lowest power usage effectiveness (PUE) ratios across all of Vantage’s facilities thanks in part to its extremely energy efficient indirect evaporative free cooling system, which negates the need for compressors in the cooling cycle. Once fully developed, the 46-acre campus (19 hectares) will include three data centers totaling 148MW across 2 million square feet (186,000 square meters). Conveniently located in the U.K.’s tech corridor near the M4 and just 100 miles (160 kilometers) from London’s urban density, the campus offers numerous connectivity options with low latency between Wales and London of less than 1.5 milliseconds. The sustainable campus operates entirely on renewable energy sources.

 http://www.vantage-dc.com

Read More

Vantage to build 16MW data center in Frankfurt

Vantage Data Centers disclosed plans to build the second of three facilities on its flagship 55MW EU campus (FRA1) located in Offenbach, Germany, just one kilometer from the main data centers and peering points in Frankfurt. This facility will include 16MW of critical IT capacity and 13,000 square meters (140,000 square feet) once fully developed and will open to customers in the first half of 2024.

In addition, Vantage has acquired full ownership of the first data center on this campus, buying out its joint venture partners Energieversorgung Offenbach (EVO) and DataCenter-Group (DCG). Vantage will continue in a new partnership with EVO as the energy provider and landowner of the campus. Terms of the deal are not being disclosed.

“Vantage continues to accelerate our growth in Frankfurt and Offenbach, the most sought-after data center markets in Europe, to meet demand from our hyperscale and cloud customers,” said Antoine Boniface, president of EMEA for Vantage Data Centers. “Our partnership with EVO and DCG was instrumental in opening this 

Furthering its commitment to be a responsible corporate citizen, Vantage, alongside EVO, will repurpose the waste heat from the new data center and make it available to the local community for heating purposes. This unique initiative supports Vantage’s sustainable construction goals and enables the company to make a positive impact in the region.

Vantage recently announced that it has also begun construction on a second campus in Frankfurt to meet increased customer demand. The two campuses combined will have 95MW of critical IT capacity in the Frankfurt region once fully developed. 

https://vantage-dc.com/data-center-locations/emea

Read More

Vantage Data Centers cites progress with its massive Phoenix campus

Vantage Data Centers  announced the topping out of its first 32MW data center in Goodyear, Arizona, just outside of Phoenix.

This will be the company’s largest North American campus when fully developed at 160MW and second largest globally, after its 270MW Cardiff campus in the U.K.  Located on 50 acres within Goodyear’s “Bullard Tech Corridor,” this growing campus will include three data centers and more than 1 million square feet once fully developed. 

The first phase of development will be comprised of a single-story facility offering 32MW of critical IT capacity and is scheduled to be operational in the spring.

Vantage notes that its new Phoenix campus will employ a closed-loop chilled water system with air-side economizers that allows for reduced energy use based on outside ambient temperature. The system uses no ongoing water, a critical feature in this region, making the planned water usage efficiency (WUE) near zero (liters/kW/hr).

“As we continue to expand globally, Vantage is also increasing our footprint across North America to meet our customers growing needs, providing high-quality data centers in strategic markets,” said Jeff Tench, president, North America, Vantage Data Centers. “Our customers have identified Phoenix as an ideal location due to its low power costs, rich connectivity and business-friendly environment. This is a fitting market for hyperscalers, cloud providers and larger enterprises who need a west coast presence for their digital infrastructure requirements.”

https://vantage-dc.com

Read More

Vantage Data Centers raises $530 million for refinancing

Vantage Data Centers raised US$530 million in securitized notes that will primarily be used to refinance the company’s Variable Funding Note (VFN) facility, which was used to facilitate the CA22 transaction in September 2021, as well as to fund general corporate needs. 

The notes are a five-year issuance (Series 2021-1) and are rated A- by Standard & Poor’s. They generally rank pari-passu with Vantage’s existing outstanding notes. The transaction was supported by DigitalBridge Investment Management, the investment management arm of Vantage’s majority stakeholder, DigitalBridge Group.

“This transaction marks Vantage’s seventh securitization financing since 2018 when we pioneered the use of this approach in the data center sector,” said Sharif Metwalli, Vantage’s chief financial officer. “We are faced with increasing demand for premiere hyperscale data centers that can be delivered quickly and sustainably. Our strong financial position enables us to continue our global expansion with favorable interest rates that not only reduce our overall costs but further strengthen our competitive position in the market. We appreciate DigitalBridge’s partnership throughout this process and their continued support to grow our business.”

http://www.vantage-dc.com

Read More

Vantage Data Centers builds in Johannesburg, SA

Vantage Data Centers has begun construction of its first African campus in Johannesburg, South Africa.

The expansion program leverages a US$1 billion investment from existing financial partners. 

The carrier-neutral Johannesburg campus will consist of three facilities across 30 acres (12 hectares) with 650,000 square feet (60,000 square meters) of data center space once fully developed. The first phase of the campus, slated for completion in the summer of 2022, will include a 16MW building.

Vantage is pursuing sustainable construction practices such as offering renewable energy options, limiting carbon footprints and maintaining energy efficient operations with an industry-leading power usage effectiveness (PUE).

https://vantage-dc.com/data-center-locations

Read More

Vantage Data Centers commits to Net Zero Carbon emissions

Vantage Data Centers has committed to achieve net zero carbon emissions globally by 2030. 

Vantage said its goal specifically targets reductions for emissions that the company directly controls, Scope 1 and 2 emissions, as well as reductions that it can guide or influence throughout its supply chain. Vantage is creating interim reduction targets that are in alignment with the Science Based Target Initiative (SBTi) methodology, which defines and promotes emissions reduction in line with climate science.

“As major consumers of power and land, data center operators have an undeniable responsibility to aggressively reduce emissions and lessen environmental impacts wherever possible. This is why we’ve set our target at net zero rather than carbon neutral,” explained Justin Thomas, chief technology officer, Vantage Data Centers. “Our goal is to be a sustainability leader, and we are setting interim reduction goals that touch every part of our business.”

http://www.vantage-dc.com/features/sustainability

Read More

Vantage Data Centers on track with Zurich data center

Vantage Data Centers completed construction a concrete shell and is on schedule to deliver its first greenfield European hyperscale data center in 2021. 

The new facility, which is located just 25 kilometers northeast of Zurich, will offer 40MW capacity. The seven-acre (three-hectare) campus will be home to four multi-story, state-of-the-art data centers totaling more than 400,000 square feet (37,000 square meters) once fully developed. Vantage is constructing the shell of the initial facility with 8MW of capacity as part of its standard design practice.

The new data center is part of the company’s US$2B European expansion and will provide customers with large scale, sustainable data center facilities built for the unique needs of hyperscalers, cloud providers and large enterprises. 

“Vantage recently achieved two major milestones in our fast-track European expansion, including the completion of our first greenfield data center shell near Zurich along with the grand opening of our flagship Frankfurt campus,” said Wolfgang Zepf, Vantage’s managing director of Switzerland. “We look forward to welcoming customers to this highly secure and connectivity-rich facility in the third quarter of next year.”

https://vantage-dc.com/data-center-locations/europe/zurich-switzerland/

• In February 2020, Vantage entered the European market with the acquisition of Etix Everywhere and greenfield developments in Berlin, Frankfurt, Milan, Warsaw and Zurich. In July, the company acquired Next Generation Data in the U.K., Europe’s largest data center campus.

Read More

Vantage raises US$1.25 billion in equity funding

Vantage Data Centers raised US$1.25 billion in incremental equity capital from its existing investors, led by Digital Colony. This funding will be used to fuel ongoing expansion and development across North America and Europe.

“Hyperscale data center market demand remains strong, and this capital raise will allow Vantage to accelerate its global expansion of sustainable, large-scale campuses,” said Sharif Metwalli, CFO, Vantage Data Centers. “This capital raise demonstrates our investors’ continued commitment to Vantage’s strategic growth plan.”

“The Vantage team continues to do an amazing job supporting the growth of their hyperscale customers as they expand in North America and increasingly throughout Europe,” said Marc Ganzi, president and CEO of Colony Capital and Digital Colony. “Supporting the strategic development and financing of our partner companies is a key pillar of Digital Colony’s alpha-creation strategies, so we’re thrilled to be a part of Vantage’s next big step forward.”

Vantage Data Centers opens data center campus near Frankfurt

Monday, November 02, 2020  Data Centers, Germany, Vantage Data Centers  

Vantage Data Centers inaugurated its first 15MW data center in Germany along with partners Energieversorgung Offenbach (EVO) and DataCenter-Group (DCG). 

The campus, located in Offenbach, will house three multi-story data centers totaling 55MW of critical IT capacity and 650,000 square feet (60,000 square meters) when fully developed. The opening of the Frankfurt campus is a key milestone in Vantage’s strategy to expand across Europe.

"The development of this campus in one of the most sought-after markets in Europe is the first milestone in our USD $2 billion European expansion strategy,” said Antoine Boniface, president, Vantage Europe. “Many of our customers need to be in Europe for a variety of reasons, whether it’s to reduce latency or to comply with local privacy laws. Offenbach is an ideal location, located within one kilometer of the main peering points and just 15 minutes from Frankfurt’s international airport."

The Frankfurt campus was part of the acquisition of Etix Everywhere in February 2020, which Vantage announced along with greenfield developments in Berlin, Milan, Warsaw and Zurich.

Vantage Data Centers gains strategic backing from Colony Capital

Tuesday, July 07, 2020  Data Centers, Vantage  

Vantage Data Centers announced a strategic partnership valued at $3.5 billion to accelerate the expansion of its wholesale data centers throughout North America and Europe.

Specifically, the Colony-led investor group will invest $1.2 billion in Vantage’s diversified portfolio, including 12 stabilized North American data centers, which span more than 1.4 million gross square feet and 150MW of IT capacity across key strategic markets in Santa Clara, California; Quincy, Washington; Montreal and Quebec City, Canada.

Vantage’s management team, led by Sureel Choksi, president and CEO, will continue to manage and operate these assets as part of its global data center footprint. Vantage will maintain the same level of superior service to its valued customers in each market, while simultaneously developing and operating additional data centers throughout North America and Europe. The capital provided by this transaction will support Vantage’s strategy to expand and enhance its global footprint.

http://www.vantage-dc.com

Read More

Vantage Data Centers opens data center campus near Frankfurt

Vantage Data Centers inaugurated its first 15MW data center in Germany along with partners Energieversorgung Offenbach (EVO) and DataCenter-Group (DCG). 

The campus, located in Offenbach, will house three multi-story data centers totaling 55MW of critical IT capacity and 650,000 square feet (60,000 square meters) when fully developed. The opening of the Frankfurt campus is a key milestone in Vantage’s strategy to expand across Europe.

"The development of this campus in one of the most sought-after markets in Europe is the first milestone in our USD $2 billion European expansion strategy,” said Antoine Boniface, president, Vantage Europe. “Many of our customers need to be in Europe for a variety of reasons, whether it’s to reduce latency or to comply with local privacy laws. Offenbach is an ideal location, located within one kilometer of the main peering points and just 15 minutes from Frankfurt’s international airport."

The Frankfurt campus was part of the acquisition of Etix Everywhere in February 2020, which Vantage announced along with greenfield developments in Berlin, Milan, Warsaw and Zurich.

Vantage Data Centers gains strategic backing from Colony Capital

Tuesday, July 07, 2020  Data Centers, Vantage  

Vantage Data Centers announced a strategic partnership valued at $3.5 billion to accelerate the expansion of its wholesale data centers throughout North America and Europe.

Specifically, the Colony-led investor group will invest $1.2 billion in Vantage’s diversified portfolio, including 12 stabilized North American data centers, which span more than 1.4 million gross square feet and 150MW of IT capacity across key strategic markets in Santa Clara, California; Quincy, Washington; Montreal and Quebec City, Canada.

Vantage’s management team, led by Sureel Choksi, president and CEO, will continue to manage and operate these assets as part of its global data center footprint. Vantage will maintain the same level of superior service to its valued customers in each market, while simultaneously developing and operating additional data centers throughout North America and Europe. The capital provided by this transaction will support Vantage’s strategy to expand and enhance its global footprint.

http://www.vantage-dc.com

Vantage Data Centers to acquire data center campus in Wales

Tuesday, April 07, 2020  Data Centers, Mergers And Acquisitions, UK, Vantage  

Vantage Data Centers  signed a definitive agreement with InfraVia Capital Partners, along with the two founders of the business, to acquire Next Generation Data (NGD), which operates a data center campus located on 50-acres in the Cardiff Capital Region in South Wales, UK.

The existing NGD data center campus is a Tier III 180MW facility, including an existing 72MW capacity and 108MW of expansion capacity. It uses 100% renewable energy and is rich in fiber delivered by many Tier 1 service providers. Latency between Wales and London is less than 1.5 milliseconds. In addition, NGD Cloud Gateway provides multiple access services, including Express Route and Connect, and NGD recently became a new hosting facility for LINX Wales. The highly secure site meets the U.K. government’s highest standards, and is one of many reasons that multiple blue-chip, high growth companies currently house their IT infrastructure within NGD’s 750,000 square foot facility.

Upon closing, Wales will mark Vantage’s sixth strategic market in Europe following its entrance into five markets (Berlin, Frankfurt, Milan, Warsaw and Zurich) announced in February 2020, including the acquisition of Etix Everywhere.

The transaction will be funded with equity commitments from Digital Colony Partners and other investors in Vantage, as well as acquisition debt financing.

Vantage Data Centers launch $2 billion European expansion strategy

Monday, February 10, 2020  Data Centers, Vantage  

Vantage Data Centers has launched a $2 billion expansion into Europe with the aim of establishing itself in the hyperscale market.

As part of its expansion strategy, Vantage has acquired Etix Everywhere, which has 50MW of built data center capacity across its footprint and is building a 55MW hyperscale data center campus in Frankfurt, Germany. Financial terms were not disclosed. In conjunction with the Etix acquisition, Antoine Boniface, former CEO of Etix, has joined the Vantage executive team to serve as president, Europe.

In addition, Vantage Europe has secured land and is planning to develop hyperscale data center campuses in Berlin, Milan, Warsaw and Zurich. The facilities, which are currently underway, are in the following European markets:

• Berlin: 64MW campus on 13 acres (5 hectares)
• Milan: 32MW campus on 17 acres (7 hectares)
• Warsaw: 64MW campus 12 acres (5 hectares)
• Zurich: 40MW campus on 7 acres (3 hectares)

Vantage said intends to invest USD $2 billion in its planned European expansion, including more than USD $800 million in new equity capital provided by Vantage’s current investors and a new commitment from Digital Colony Partners.

Read More

Vantage Data Centers raises $1.3 billion for expansion

Vantage Data Centers raised US$1.3 billion in securitized notes. 

The company said proceeds from this transaction are primarily being used to refinance outstanding debt and will reduce Vantage’s overall cost of capital by approximately 30% on average across its capital structure and extend debt maturities. This financing also provides cash for further investment.

“The current market environment proved extremely advantageous for Vantage and our investors to lower our capital costs, extend maturities and provide funding for growth opportunities,” said Sharif Metwalli, Vantage’s CFO. “Having access to capital at today’s attractive market rates gives us the ability to redeploy the realized savings with additional investments to grow the business across key regions throughout North America where our customers’ data center requirements continue to increase.”

Vantage Data Centers adds capacity in No. Virginia and Silicon Valley

Thursday, September 17, 2020  Data Centers, Vantage Data Centers  

 Citing a substantial increase in customer demand for premiere hyperscale data center space in recent months, Vantage Data Centers has begun construction on additional data center facilities at its growing Northern Virginia campus and its second Silicon Valley campus.

In Northern Virginia’s Data Center Alley, Vantage started construction on the next facility on its Ashburn campus. VA12 is the second of five planned facilities on the 42-acre campus, which will include more than 1 million square feet and 146MW of IT capacity once fully developed. Upon completion, VA12 will consist of 36MW of IT capacity and more than 250,000 square feet. Phase 1 is expected to be operational in Q1 2021.

In Silicon Valley, Vantage has begun construction of CA23 on its second Santa Clara campus, which will include a total of three facilities and 77MW of IT capacity upon completion. This newest facility will consist of more than 200,000 square feet, providing customers with 32MW of IT capacity. It is slated for completion in the second half of 2021.

CA23 is located on a nine-acre site less than two miles from Vantage’s flagship campus, the largest LEED certified campus in North America with a total of 77MW and six facilities. Combined, Vantage’s two Santa Clara campuses will provide customers with a total of nine facilities and 154MW of capacity in the heart of Silicon Valley.

“Vantage continues to experience a heightened global demand for hyperscale data center services,” said Sureel Choksi, president and CEO of Vantage Data Centers. “Because our customers want to grow with us across multiple markets, we continue to develop sustainable, state-of-the-art facilities across our portfolio, including in the world’s top data center markets.”

https://vantage-dc.com/data-centers

Vantage Data Centers gains strategic backing from Colony Capital

Tuesday, July 07, 2020  Data Centers, Vantage  

Vantage Data Centers announced a strategic partnership valued at $3.5 billion to accelerate the expansion of its wholesale data centers throughout North America and Europe.

Specifically, the Colony-led investor group will invest $1.2 billion in Vantage’s diversified portfolio, including 12 stabilized North American data centers, which span more than 1.4 million gross square feet and 150MW of IT capacity across key strategic markets in Santa Clara, California; Quincy, Washington; Montreal and Quebec City, Canada.

Vantage’s management team, led by Sureel Choksi, president and CEO, will continue to manage and operate these assets as part of its global data center footprint. Vantage will maintain the same level of superior service to its valued customers in each market, while simultaneously developing and operating additional data centers throughout North America and Europe. The capital provided by this transaction will support Vantage’s strategy to expand and enhance its global footprint.

http://www.vantage-dc.com

Read More

Vantage Data Centers adds capacity in No. Virginia and Silicon Valley

 Citing a substantial increase in customer demand for premiere hyperscale data center space in recent months, Vantage Data Centers has begun construction on additional data center facilities at its growing Northern Virginia campus and its second Silicon Valley campus.

In Northern Virginia’s Data Center Alley, Vantage started construction on the next facility on its Ashburn campus. VA12 is the second of five planned facilities on the 42-acre campus, which will include more than 1 million square feet and 146MW of IT capacity once fully developed. Upon completion, VA12 will consist of 36MW of IT capacity and more than 250,000 square feet. Phase 1 is expected to be operational in Q1 2021.

In Silicon Valley, Vantage has begun construction of CA23 on its second Santa Clara campus, which will include a total of three facilities and 77MW of IT capacity upon completion. This newest facility will consist of more than 200,000 square feet, providing customers with 32MW of IT capacity. It is slated for completion in the second half of 2021.

CA23 is located on a nine-acre site less than two miles from Vantage’s flagship campus, the largest LEED certified campus in North America with a total of 77MW and six facilities. Combined, Vantage’s two Santa Clara campuses will provide customers with a total of nine facilities and 154MW of capacity in the heart of Silicon Valley.

“Vantage continues to experience a heightened global demand for hyperscale data center services,” said Sureel Choksi, president and CEO of Vantage Data Centers. “Because our customers want to grow with us across multiple markets, we continue to develop sustainable, state-of-the-art facilities across our portfolio, including in the world’s top data center markets.”

https://vantage-dc.com/data-centers

Vantage Data Centers gains strategic backing from Colony Capital

Tuesday, July 07, 2020  Data Centers, Vantage  

Vantage Data Centers announced a strategic partnership valued at $3.5 billion to accelerate the expansion of its wholesale data centers throughout North America and Europe.

Specifically, the Colony-led investor group will invest $1.2 billion in Vantage’s diversified portfolio, including 12 stabilized North American data centers, which span more than 1.4 million gross square feet and 150MW of IT capacity across key strategic markets in Santa Clara, California; Quincy, Washington; Montreal and Quebec City, Canada.

Vantage’s management team, led by Sureel Choksi, president and CEO, will continue to manage and operate these assets as part of its global data center footprint. Vantage will maintain the same level of superior service to its valued customers in each market, while simultaneously developing and operating additional data centers throughout North America and Europe. The capital provided by this transaction will support Vantage’s strategy to expand and enhance its global footprint.

http://www.vantage-dc.com

Vantage Data Centers to acquire data center campus in Wales

Tuesday, April 07, 2020  Data Centers, Mergers And Acquisitions, UK, Vantage  

Vantage Data Centers  signed a definitive agreement with InfraVia Capital Partners, along with the two founders of the business, to acquire Next Generation Data (NGD), which operates a data center campus located on 50-acres in the Cardiff Capital Region in South Wales, UK.


The existing NGD data center campus is a Tier III 180MW facility, including an existing 72MW capacity and 108MW of expansion capacity. It uses 100% renewable energy and is rich in fiber delivered by many Tier 1 service providers. Latency between Wales and London is less than 1.5 milliseconds. In addition, NGD Cloud Gateway provides multiple access services, including Express Route and Connect, and NGD recently became a new hosting facility for LINX Wales. The highly secure site meets the U.K. government’s highest standards, and is one of many reasons that multiple blue-chip, high growth companies currently house their IT infrastructure within NGD’s 750,000 square foot facility.

Upon closing, Wales will mark Vantage’s sixth strategic market in Europe following its entrance into five markets (Berlin, Frankfurt, Milan, Warsaw and Zurich) announced in February 2020, including the acquisition of Etix Everywhere.

The transaction will be funded with equity commitments from Digital Colony Partners and other investors in Vantage, as well as acquisition debt financing.

Vantage Data Centers launch $2 billion European expansion strategy

Monday, February 10, 2020  Data Centers, Vantage  

Vantage Data Centers has launched a $2 billion expansion into Europe with the aim of establishing itself in the hyperscale market.

As part of its expansion strategy, Vantage has acquired Etix Everywhere, which has 50MW of built data center capacity across its footprint and is building a 55MW hyperscale data center campus in Frankfurt, Germany. Financial terms were not disclosed. In conjunction with the Etix acquisition, Antoine Boniface, former CEO of Etix, has joined the Vantage executive team to serve as president, Europe.

In addition, Vantage Europe has secured land and is planning to develop hyperscale data center campuses in Berlin, Milan, Warsaw and Zurich. The facilities, which are currently underway, are in the following European markets:

• Berlin: 64MW campus on 13 acres (5 hectares)
• Milan: 32MW campus on 17 acres (7 hectares)
• Warsaw: 64MW campus 12 acres (5 hectares)
• Zurich: 40MW campus on 7 acres (3 hectares)

Vantage said intends to invest USD $2 billion in its planned European expansion, including more than USD $800 million in new equity capital provided by Vantage’s current investors and a new commitment from Digital Colony Partners.

Read More