Global law firm White & Case LLP has advised Vantage Data Centers, as borrower counsel, on a US$3 billion revolving credit facility to fund the ongoing development of its North America data center platform, which presently comprises 12 campuses across the United States and Canada.
Vantage Data Centers powers, cools, protects and connects the technology of the world's well-known hyperscalers, cloud providers and large enterprises. Developing and operating across five continents in North America, EMEA and Asia Pacific, Vantage Data Centers has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.
This new financing is Vantage's fifth green loan and was secured under the company's Green Finance Framework as part of its holistic approach to environmental, social and governance (ESG) principles. Vantage Data Centers leverages its green loans to support the research and development of next-generation sustainable features in areas such as energy efficiency, water management and pollution prevention and works to operate in alignment with its own and customers' carbon reduction goals.
The White & Case team was led by Debt Finance partner Eric Klar (Miami) and Real Estate partner Jennifer Iacono (New York), and included Debt Finance associates Ara Dungca (New York), Alondra Urbina and Rhiannon Jones (both in Los Angeles); and Real Estate associate Julia Garcez (New York).
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