Vantage Data Centers: Vantage closes €2.5 billion investment deal in Europe

Nov 02, 2023 | Posted by Abdul-Rahman Oladimeji

Vantage Data Centers has finalized an investment partnership with DigitalBridge and a consortium of investors led by MEAG and Infranity for some of its European data center assets. The collaboration between both companies consists of six data center facilities across Europe, valued at around €2.5 billion, inclusive of Vantage’s stakes. 

The details about the ownership stakes or which data centers were included in this partnership were not shared. However, Vantage noted that the facilities cover over 1.8 million square feet and 177 MW capacity. 

Vantage CEO Sureel Choksi said, “This investment partnership provides Vantage with multiple partners with deep expertise in digital infrastructure. 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.”

Dominik Damaschke, head of infrastructure equity of MEAG, also commented, “Data centers are the backbone of the increasing digitization of the economy, and we are proud to invest in a portfolio of top-tier hyperscale data centers in Europe. The investment is another milestone in MEAG‘s strategic expansion into digital infrastructure.”