Vantage Information Facilities says that GIC, a number one international investor, and MEAG, the asset supervisor of Munich Re Group, will make investments a mixed €1.4 billion ($1.5 billion USD) into Vantage’s EMEA knowledge heart platform.
This transaction represents GIC’s first funding within the Vantage EMEA enterprise and an enlargement of MEAG’s funding in Vantage’s EMEA platform.
Vantage’s EMEA portfolio presently consists of roughly 2.5GW of IT capability that’s operational or in growth.
The transactions are anticipated to be finalized within the first quarter of 2025, topic to satisfaction of sure closing situations, together with the receipt of sure regulatory approvals.
