Vantage Information Facilities has closed a $9.2 billion fairness funding led by DigitalBridge and Silver Lake.
The capital elevate was considerably oversubscribed and upsized by $2.8 billion, with participation from a number of world traders, Vantage stated.
“DigitalBridge is happy to proceed its assist of Vantage, a confirmed infrastructure associate for the world’s prime cloud and know-how platforms,” stated Jon Mauck, senior managing director at DigitalBridge, who leads the corporate’s knowledge heart funding technique.
“This funding permits Vantage to additional speed up the event of subsequent technology infrastructure to assist the continued adoption of cloud and AI applied sciences.”
In complete, Vantage has raised a complete of $11 billion over the past 9 months, which will probably be used to drive $30 billion in knowledge heart growth to satisfy ‘unprecedented’ cloud and AI demand.
It’s going to deal with funding development throughout North America and EMEA, bringing new partnerships with world hyperscalers.
“The boldness that DigitalBridge, Silver Lake and different traders have in Vantage and our skill to execute, as evidenced by an funding spherical that was considerably oversubscribed, is a testomony to our crew’s monitor file of delivering for our prospects,” stated Sureel Choksi, president and CEO of Vantage.
“This new funding from the world’s main digital infrastructure and know-how traders, together with quite a few co-investors, is a recreation changer that uniquely positions Vantage to capitalize on the unimaginable AI and cloud alternative in entrance of us.”
Vantage was acquired by DigitalBridge in 2017, increasing into Europe in 2020. It presently operates 25 websites throughout North America, EMEA and Asia Pacific with a complete capability of greater than 3GW.
Final month, it secured round $813 million in financing from Ares Administration’s Infrastructure Debt and Different Credit score methods, CDPQ, and Schroders Capital’s Personal Debt and Credit score Alternate options to increase its EMEA platform.
The corporate broke floor on its first knowledge heart campus in Japan final month, providing as much as 68MW of capability to assist cloud and high-density deployments.
Extra just lately, it introduced plans to speculate greater than €1 billion in a brand new knowledge heart campus in Dublin, with 52MW of IT capability anticipated to be operational by the top of this yr.
It additionally unveiled plans to open a second knowledge heart campus in Zurich, saying the brand new facility would assist it to satisfy the elevated efficiency and vitality calls for attributable to the adoption of AI and high-performance computing (HPC) workloads.
