Germany / Deutschland: BlackRock acquires majority stake in Mainova WebHouse.

Jun 11, 2024 | Posted by Abdul-Rahman Oladimeji

German energy firm the Mainova Group this week announced it had sold 50.1 percent of its shares in Mainova WebHouse GmbH to a fund managed by BlackRock's Diversified Infrastructure Team in a deal that would open up new growth potential for data centers in Frankfurt and the Rhine-Main region.

“Mainova WebHouse has successfully established itself in the market for data centers. We are proud of the already visible success through the construction of our first data center campus, the use of our two data centers by a renowned customer and this forward-looking partnership,” said Mainova WebHouse managing director Oliver Schiebel. “The support of Mainova and BlackRock will allow us to significantly expand our presence in Frankfurt and the Rhine-Main region in the future and to meet the demand for sustainable data centers.”

Michael Maxelon, CEO of Mainova AG, said: “We are delighted that we have been able to gain a partner in BlackRock that allows us to develop the data center location in the Rhine-Main metropolitan area in the long term and, above all, sustainably. With our strong partnership, we are further pushing digitalization and strengthening value creation in the region. With their specific sustainability focus, the data centers of the Mainova WebHouse support the city of Frankfurt and our customers in achieving their climate protection goals.”