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Vantage Data Centers says that GIC, a leading global investor, and MEAG, the asset manager of Munich Re Group, will invest a combined €1.4 billion ($1.5 billion USD) into Vantage’s EMEA data center platform.
This transaction represents GIC’s first investment in the Vantage EMEA business and an expansion of MEAG’s investment in Vantage’s EMEA platform.
Vantage’s EMEA portfolio currently includes approximately 2.5GW of IT capacity that is operational or in development.
The transactions are expected to be finalized in the first quarter of 2025, subject to satisfaction of certain closing conditions, including the receipt of certain regulatory approvals.
