Global Infrastructure Partners (“GIP”), a leading independent infrastructure investor, announced today that its credit fund, GIP Capital Solutions Fund II (“GIP CAPS II”), together with affiliates and co-investors, has invested in a term loan facility of up to $450 million in Vantage Data Centers (“Vantage”). GIP structured and acted as the lead investor on this transaction, which was supported by the company’s consortium of investors led by DigitalBridge. DigitalBridge Group, Inc. (“DigitalBridge”) is a global alternative asset manager dedicated to investing in digital infrastructure.
Proceeds from the investment will be used, along with incremental equity, to facilitate the continued buildout of its high-quality data center portfolio as Vantage continues its expansion across key North American markets.
Vantage is a leading global provider of hyperscale data center campuses with approximately 1.9 Gigawatt (GW) of IT capacity spread across five continents in 18 markets. Its client roster includes top-tier global investment-grade brands.
The investment represents the eighth investment made by GIP CAPS II. The GIP CAPS strategy provides customized capital solutions for infrastructure projects and companies in GIP’s core sectors of power, renewables, energy transition, digital, midstream energy, transportation and water/waste, while leveraging GIP’s significant operating expertise. “We are pleased to have entered into this transaction with Vantage and its sponsors,” said Jon Plavnick, Managing Director at GIP Credit. “This financing illustrates our strong and productive partnership with Vantage, a leading firm within the global hyperscale data center sphere. It is also consistent with GIP CAPS’ strategy of seeking to invest in high quality assets with attractive cash flow characteristics.”
About Global Infrastructure Partners
Global Infrastructure Partners (GIP) is a leading infrastructure investor that specializes in investing in, owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors. With decarbonization central to our investment thesis, we believe we are well positioned to support the global energy transition. Headquartered in New York, GIP has offices in Brisbane, Dallas, Delhi, Hong Kong, London, Melbourne, Mumbai, Singapore, Stamford and Sydney.
GIP has approximately $100 billion in assets under management. Our portfolio companies have combined annual revenues of approximately $80 billion and employ over 100,000 people. We believe that our focus on real infrastructure assets, combined with our deep proprietary origination network and comprehensive operational expertise, enables us to be responsible stewards of our investors’ capital and to create positive economic impact for communities. For more information, visit www.global-infra.com.
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