To read this full article you need to be subscribed to Newsline.
Sign in Sign up for a FREE subscriptionAustralianSuper backs Vantage Data Centers with €1.5b investment
AustralianSuper, Australia’s largest pension fund, has plans to invest €1.5 billion ($1.61 billion) to acquire a significant minority stake in Vantage Data Centers Europe, Middle East and Africa (Vantage EMEA), a DigitalBridge-sponsored company. DigitalBridge Group is a global alternative asset manager dedicated to investing in digital infrastructure.
AustralianSuper will be a key shareholder in Vantage EMEA.
Together, AustralianSuper and DigitalBridge-sponsored vehicles will support Vantage’s expansion and development of hyperscale data centers across EMEA, utilizing the company’s campus model to drive accelerated time to market while building on its long-standing customer relationships, track record of growth and next-generation infrastructure capabilities.
The investment, which represents AustralianSuper’s first significant exposure in hyperscale data centers, provides AustralianSuper with access to an attractive market with strong growth prospects.
