Linklaters advises Brookfield-owned data centre operator Data4 on its €3.3bn debt raise

Linklaters has advised Brookfield-owned data centre operator Data4 on its €3.3bn debt raise, the largest digital infrastructure financing of its kind in Europe.

Paris-headquartered Data4 is developing and operating more than 30 data centres across Europe.

The debt package accommodates a ‘StableCo / GrowthCo’ structure and the Linklaters team led on the €2.2bn of new debt for Data4ʼs StableCo, comprising a portfolio of over 10 operational assets. An existing €1.1bn incremental CapEx Facility to support the further greenfield development of Data4’s GrowthCo group also forms part of the package.

Ross Schloeffel commented: “These financings represent the gold-standard of what is available for a large-scale data centre platforms. They provide Data4 and Brookfield an exceptional level of capital capacity and flexibility to take advantage of the opportunities being driven by widescale AI adoption.”

The Linklaters team was led out of London by Infrastructure partner Ross Schloeffel, alongside associates Clarissa Wei and Mariah Cartsidimas. Linklaters teams in Paris, Milan, Luxembourg, Madrid and Frankfurt also played a key role, including partners Samuel Bordeleau, Melinda Perera and Vinay Samani, managing associates Salimatou Kaba, Adrian Danciu and Benedetta Marino, associates Aïssatou Beye, Angelo Hyka, Francisco Ruiz, Ray Foo and Raveena Kallakuru.

EuroCTP partners with Equinix to develop the EU’s first real-time Consolidated Tape for equities,...
Antti “Jogi” Poikola takes charge of FDCA to strengthen Finland's data centre industry.
Angel Business Communications has announced the launch of the Data Centre Solutions Roadshow, a new...
Alerify partners with Zadara and aims to enhance AI capabilities while ensuring data privacy and...
Vertiv’s Next Predict service uses AI to monitor data centre equipment and provide predictive...
XYZ Reality appoints Bruno P.S. Rocha as COO and Soroosh Keshtgar as CFO, positioning the company...
Advania retains its VMware Cloud Service Provider status, continuing to support private cloud and...
Portus Data Centers has appointed Richard Pimper as its Chief Operating Officer and Chief...