KKR has made an additional $1.5 billion equity commitment to Global Technical Realty (GTR), a European built-to-suit data center platform. In connection with this investment, Oak Hill Capital will join as an investor in the company, committing approximately $400 million.
The new commitments from KKR and Oak Hill will support GTR’s substantial development pipeline, including additional greenfield capacity and new market entries across Europe to meet rising demand for high-performance and power-dense compute and cloud infrastructure. With a growing operating team and multiple projects already in execution, GTR is positioned to scale rapidly across Europe as demand for Artificial Intelligence (AI)-ready data center capacity continues to accelerate.
“As rapid cloud growth continues and scaled AI demand begins to materialize, the need for high-quality, power-efficient, and scalable data center infrastructure in Europe has never been greater,” said Andrew Peisch, partn