KKR and Oak Hill Capital to invest $1.9bn in Global Technical Realty.

KKR and Oak Hill Capital, private equity firms, agreed to invest $1.9bn in Global Technical Realty, a European built-to-suit data center platform. “As rapid cloud growth continues and scaled AI demand begins to materialize, the need for high-quality, power-efficient, and scalable data center infrastructure in Europe has never been greater. GTR has established itself as one of Europe’s most capable developers of next-generation facilities, and we are thrilled to deepen our commitment to the platform while expanding our long-standing relationship with Oak Hill,” Andrew Peisch, KKR Partner.