Linklaters advises Brookfield-owned data centre operator Data4 on its €3.3bn debt raise

Linklaters has advised Brookfield-owned data centre operator Data4 on its €3.3bn debt raise, the largest digital infrastructure financing of its kind in Europe.

Paris-headquartered Data4 is developing and operating more than 30 data centres across Europe.

The debt package accommodates a ‘StableCo / GrowthCo’ structure and the Linklaters team led on the €2.2bn of new debt for Data4ʼs StableCo, comprising a portfolio of over 10 operational assets. An existing €1.1bn incremental CapEx Facility to support the further greenfield development of Data4’s GrowthCo group also forms part of the package.

Ross Schloeffel commented: “These financings represent the gold-standard of what is available for a large-scale data centre platforms. They provide Data4 and Brookfield an exceptional level of capital capacity and flexibility to take advantage of the opportunities being driven by widescale AI adoption.”

The Linklaters team was led out of London by Infrastructure partner Ross Schloeffel, alongside associates Clarissa Wei and Mariah Cartsidimas. Linklaters teams in Paris, Milan, Luxembourg, Madrid and Frankfurt also played a key role, including partners Samuel Bordeleau, Melinda Perera and Vinay Samani, managing associates Salimatou Kaba, Adrian Danciu and Benedetta Marino, associates Aïssatou Beye, Angelo Hyka, Francisco Ruiz, Ray Foo and Raveena Kallakuru.

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