Vantage Data Centers makes €1.4B investment

Investment further expands Vantage’s investor base and capital sources, enhancing the company’s ability to deliver high-quality, sustainable hyperscale data center campuses for its customers.

Vantage Data Centers says that GIC, a leading global investor, and MEAG, the asset manager of Munich Re Group, will invest a combined €1.4 billion ($1.5 billion USD) into Vantage’s EMEA data center platform.

This transaction represents GIC’s first investment in the Vantage EMEA business and an expansion of MEAG’s investment in Vantage’s EMEA platform.

Vantage’s EMEA portfolio currently includes approximately 2.5GW of IT capacity that is operational or in development.

The transactions are expected to be finalized in the first quarter of 2025, subject to satisfaction of certain closing conditions, including the receipt of certain regulatory approvals.

AtlasEdge launches STR001, expanding its German footprint with a sustainable and efficient data...
Meta invests billions to build AI data hubs, one the size of Manhattan.
Vantage Data Centers marks a new milestone with its entry into Nevada, further bolstering Storey...
Portugal is emerging as a key digital and AI hub in Europe, with its data centre sector poised for...
70% of operators believe that poor quality cabling will compromise long-term AI readiness and 58%...
Gareth Jones returns to lead EMEA Capital Markets Data Centre division.
Digital Realty has announced a strategic collaboration with Vodafone Greece, a global leader in...
Datum Datacentres has officially launched MCR2, its newest state-of-the-art data centre in...