GIC, a global investor, and MEAG, the asset manager of Munich Re Group, have plans to invest a combined €1.4 billion ($1.5 billion) into Vantage Data Centers’ EMEA data center platform.
The investment expands Vantage’s investor base and capital sources, enhancing the company’s ability to deliver high-quality, sustainable hyperscale data center campuses for its customers. Vantage’s EMEA portfolio currently includes approximately 2.5 gigawatts of IT capacity that is operational or in development.
This transaction represents GIC’s first investment in the Vantage EMEA business and an expansion of MEAG’s investment in Vantage’s EMEA platform.
The transactions are expected to be finalized in the first quarter of 2025, subject to satisfaction of certain closing conditions.
