Announced
Synopsis
Colony Capital, an investment management firm, agreed to invest $1.2bn in Vantage Data Centers, a provider of hyperscale data center campuses. The strategic partnership marks a significant milestone in Colony’s ongoing digital transformation, with $200m of the investment coming from Colony’s balance sheet, underscoring its commitment to investing in and acquiring world-class, stabilized digital infrastructure assets that deliver consistent returns for Colony shareholders. “This strategic partnership with the Colony Capital-led investor group provides Vantage with a partner that deeply understands digital infrastructure. Vantage and its investor group are now even more well-positioned to capitalize on a number of attractive market opportunities and deploy the necessary capital to drive innovation, deliver state-of-the-art facilities for our customers, and accelerate our expansion plans in existing and new markets globally,” Sureel Choksi, Vantage President and CEO.
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