Vantage Data Centers continued its rapid expansion in 2024, driven by growing demand for AI and cloud computing. The company secured $13 billion in incremental funding through debt and equity investments from new and existing investors, including $9.2 billion from DigitalBridge and Silver Lake, €1.4 billion from GIC and MEAG for EMEA expansion, and a $3 billion green loan led by Wells Fargo to fund developments in North America.
The company entered two new markets, launching its first data centers in Dublin, Ireland, and New Albany, Ohio, where it is developing a 192MW campus. Vantage broke ground on six new campuses, including Zurich, Cyberjaya, Osaka, and Northern Virginia, while opening 11 new facilities across North America, EMEA, and APAC. By the end of 2024, Vantage’s global capacity exceeded 2.6GW, spanning 35 campuses across 14 countries and 21 markets. The company also reaffirmed its commitment to net zero carbon emissions by 2030 and strengthened community partnerships in Ohio as part of its regional expansion.
• Total funding secured: $13 billion in debt and equity
• New market entries: Dublin, Ireland; New Albany, Ohio
• New campuses under development: Zurich, Cyberjaya, Osaka, Northern Virginia
• New facilities opened: 11 data centers across North America, EMEA, and APAC
• Global footprint: 35 campuses, 14 countries, 21 markets, exceeding 2.6GW of capacity
• Sustainability goal: Net zero carbon emissions by 2030
“In 2024, we built upon the previous year’s momentum to meet the demand for hyperscale capacity driven by the rapid adoption of AI and cloud technologies,” said Sureel Choksi, president and CEO of Vantage Data Centers. “Through strategic partnerships with investors and our commitment to sustainable innovation and operational excellence, we continue to expand our reach globally to enable our customers to grow their businesses at unprecedented scale.”
