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Vantage Data Centers Secures 1.4B Investment for EMEA Expansion
📅 - Vantage Data Centers, a global provider of hyperscale data center campuses, has secured a 1.4 billion ($1.5 billion) investment for its EMEA platform from MEAG, the asset manager for Munich Re Group, and GIC, a prominent global investor.
This agreement marks an expansion of MEAG's involvement in Vantage's EMEA operations and GIC's inaugural investment in the data center platform. Vantage's EMEA portfolio now includes approximately 2.5GW of existing or planned IT capacity.
The transaction remains subject to regulatory approvals and other closing conditions, with completion anticipated in the first quarter of 2025. This deal underscores growing investor interest in data [...][... Check source for end of article ...]
Tags: Data Center
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