Vantage Data Centers, a global provider of hyperscale data center campuses based in Denver, has successfully raised $9.2 billion in equity with the support of DigitalBridge Group and SilverLake investment vehicles. The capital raise was oversubscribed by $2.8 billion and saw participation from various international investors.
In addition to a €1.5-billion investment from Australian Super announced last September, Vantage has received approximately $11 billion in new investments over the past nine months, with more than $7 billion being primary equity funding. These funds will be used to drive Vantage’s growth across North America and EMEA regions as it expands its portfolio beyond 25 sites currently under its ownership or control.
According to Sureel Choksi, President and CEO of Vantage: “The confidence shown by DigitalBridge, Silver Lake and other investors through this significantly oversubscribed round is a testament to our team’s ability to deliver for our customers.” He further added that this new funding from top digital infrastructure and technology investors positions Vantage uniquely for success in capturing opportunities presented by AI (Artificial Intelligence)and cloud technologies.
This news was originally published on Connect CRE.
