White & Case advises on €750 million financing for expansion of Vantage Data Centers' EMEA platform

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Global law firm White & Case LLP has advised Vantage Data Centers on the €750 million financing agreement to expand the company's EMEA portfolio.

White & Case partner Lisa Seifman, who led the Firm's deal team, said: "Our team's extensive experience in cross-border transactions in the data center space played an important role in realizing a successful outcome for our client on this transaction."

Ares and CDPQ are providing up to €300 million respectively, and Schroders Capital is contributing up to €150 million. Proceeds of the financing, alongside incremental equity, will support the growth of Vantage EMEA's high-quality data center portfolio.

The Vantage EMEA portfolio is one of the fastest growing hyperscale data center platforms in the region and is currently comprised of 14 campuses serving key markets in Europe and South Africa, including London, Frankfurt, Berlin, Milan, Warsaw, Zurich, Cardiff, Dublin and Johannesburg. Once fully developed, the portfolio aims to generate 751MW of combined IT capacity, contracted over the long term to global cloud service providers and top-tier internet providers that require rapidly scalable, reliable and efficient high computing power.

The White & Case team which advised on the transaction was led by partner Lisa Seifman (London) and included counsel Willem Van de Wiele (Brussels, Luxembourg) and associates Kady Cochrane, Sam Kaye, Joseph Kania (all London), Scott Goldner (Brussels) and Sophia Fotso (Luxembourg).

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