Vantage Data Centers completed a previously announced investment partnership in certain Vantage European data center assets backed by a consortium of investors led by MEAG and Infranity, along with funds affiliated with the investment management platform of DigitalBridge.
The Investment Partnership initially consists of six stabilized data centers in strategic locations across Europe and is valued at approximately €2.5 billion (approximately $2.7 billion), including Vantage’s stake. The data centers span more than 1.8 million gross square feet and 177MW of IT capacity and are located in key strategic markets.
Vantage’s management team, led by President and CEO Sureel Choksi, will continue to manage and operate these assets as part of its global data center portfolio. The additional capital raised from the Investor Consortium will be used to support the continued growth of Vantage’s EMEA data center platform.
“This Investment Partnership provides Vantage with multiple partners with deep expertise in digital infrastructure,” said Choksi. “This transaction provides Vantage with additional capital to continue our expansion in new and existing markets across EMEA, capitalizing on the extraordinary growth opportunities, driving innovation and delivering state-of-the-art sustainable data centers for our customers.”
