Vantage Data Centers: GIP invests $450 million into Vantage Data Centers

Oct 07, 2023 | Posted by Abdul-Rahman Oladimeji

Independent infrastructure investor Global Infrastructure Partners (GIP) along with its affiliates and co-investors, recently announced an investment in a term loan facility of up to $450 million in Vantage Data Centers. GIP acted as the lead investor in this transaction, with support from the company’s group of investors led by DigitalBridge. 

This transaction marks the eighth investment made by the company’s credit fund, GIP Capital Solutions Fund II (GIP CAPS II). Proceeds from this investment will be diverted toward Vantage’s expansion across the North American markets. 

Jon Plavnick, managing director at GIP Credit said, “We are pleased to have entered into this transaction with Vantage and its sponsors. This financing illustrates our strong and productive partnership with Vantage, a leading firm within the global hyperscale data center sphere. It is also consistent with GIP CAPS’ strategy of seeking to invest in high-quality assets with attractive cash flow characteristics.”

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