GIP Capital Partners injects $450 million into Vantage Data Centers
Global Infrastructure Partners’ (GIP) credit fund, known as GIP Capital Solutions Fund II (GIP CAPS II), in partnership with affiliates and co-investors, has invested in a term loan facility up to US$450 million in Vantage Data Centers. The deal has been organised and led by GIP, with backing ...
September 29
The Close – What’s Next for Digital Infrastructure M&A?
Despite a volatile macroeconomic landscape, digital infrastructure M&A has seen deal multiples remain high across many subsectors. The many billions of Dollars invested mostly by private equity houses reflects underlying industry trends that are set to navigate harsher economic winds in 2023 and continue to flourish into 2024. But what is left to snap up when most have bee...
September 28
South Korean tech giant completes $340m data centre a year after severe fire
South Korean technology business Kakao has completed the construction of a new 460 billion won (US$342 million) hyperscale data centre following a fire that nearly shut down its services last year. The fire at its SK C&C data centre in Pangyo last October resulted in a major service disruption spanning five days. The new facility, dubbed Kakao Data Center Ansan, is l...
September 27
Aligned Data Centers to convert Second World War Ohio facility into hyperscale campus
Private equity-backed Aligned Data Centers has unveiled plans to build out its footprint in Northeast Ohio, US. Through the acquisition of a 129-acre land parcel in Perkins Township, the group said it intends to develop a four-building brownfield hyperscale data centre campus with the facilities named NEO-01 to NEO-04. The land was before used by an automotive equipment ...
September 25
A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers
