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Vantage Data Centers Completes $9.2B Equity Raise
Denver-based Vantage Data Centers, a global provider of hyperscale data center campuses, has completed a $9.2-billion equity raise led by investment vehicles managed by DigitalBridge Group and SilverLake. The capital raise was significantly oversubscribed and upsized by $2.8 billion, with participation from multiple global investors.
Including a €1.5-billion investment by Australian Super announced last September, aggregate new investment in Vantage over the past nine months totals approximately $11 billion, of which more than $7 billion is primary equity. Primary proceeds will be used to fund Vantage’s growth across North America and EMEA, expanding on the 25-plus sites the company now owns or controls.
“The confidence that DigitalBridge, Silver Lake and other investors have in Vantage and our ability to execute, as evidenced by an investment round that was significantly oversubscribed, is a testament to our team’s track record of delivering for our customers,” said Sureel Choksi, president and CEO of Vantage. “This new funding from the world’s leading digital infrastructure and technology investors, along with numerous co-investors, is a game changer that uniquely positions Vantage to capitalize on the incredible AI and cloud opportunity in front of us.”
- ◦Development
- ◦Financing
