PGGM completed the acquisition of a 49% stake in Penta Infra from Photon Capital.

PGGM, a cooperative pension investor, completed the acquisition of a 49% stake in Penta Infra, a developer and operator of data centers, from Photon Capital, a specialized investment firm supporting companies in the digital economy. Financial terms were not disclosed. ‘We are proud to welcome PGGM as a shareholder while continuing our successful partnership with Photon Capital. The demand for data centers will only increase in the coming years and with Photon Capital and PGGM as partners, we can further accelerate our European strategy," Bob Sprengers, Penta Infra CEO.