Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that it has entered into a definitive agreement to form an Investment Partnership with a consortium of investors led by funds affiliated with the investment management platform of DigitalBridge Group, Inc., MEAG and Infranity (together with other investors, the “Investor Consortium”).
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.
About Vantage Data Centers
Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across five continents in North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.