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Ares, CDPQ and Schroders Capital provide €750m to expand Vantage Data Centers’ platform
Investors - MAY 16, 2024

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Ares, CDPQ and Schroders Capital provide €750m to expand Vantage Data Centers’ platform

by Kali Persall

Ares Management's infrastructure debt and alternative credit strategies, CDPQ and Schroders Capital's private debt and credit alternatives team are providing up to €750 million ($799 million) in financing to Vantage Data Centers to expand the company's EMEA platform.

Ares and CDPQ are providing up to €300 million ($320 million) respectively, and Schroders Capital is contributing up to €150 million ($160 million). Proceeds of the financing, alongside incremental equity, will support the growth of Vantage’s high-quality data center portfolio.

The Vantage EMEA portfolio is one of the fastest growing hyperscale data center platforms in the region and currently consists of 14 campuses serving key markets in Europe and South Africa, including Berlin, Cardiff, Dublin, Frankfurt, Johannesburg, London, Milan, Warsaw and Zurich .

Once fully developed, the portfolio aims to generate 751 megawatts of combined IT capacity, contracted over the long term to global clou

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