Vantage Data Centers Announces €1.4B Investment in the Company’s EMEA Data Center Platform
Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announces 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.
About Vantage Data Centers
Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across five continents in North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.
For more information, visit www.vantage-dc.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241216324964/en/
Contacts
Mark Freeman
Vantage Data Centers
mfreeman@vantage-dc.com
+1-202-680-4243
Robin Bectel
REQ for Vantage Data Centers
vdc@req.co
+1-202-936-6335
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