Vantage Data Centers, one of the largest global providers of hyperscale data center campuses, has announced the completion of a historic operation: the first asset-backed securitization (ABS) supported by data centers in euros in continental Europe. The transaction, valued at 640 million euros, marks a milestone in financing digital infrastructure in the region and reinforces the company’s commitment to sustainability and growth in the EMEA market.
The operation also includes an additional tranche of 80 million euros in variable funding bonds. Class A-2 bonds have received an A- rating, while Class B bonds have received a BBB- rating from Standard & Poor’s and Scope Ratings, respectively.
Funds for Sustainable Expansion and New Investments
The funds raised will refinance four Vantage data centers in Germany—two in Offenbach (Frankfurt) and two in Berlin—fully leased to major hyperscaler clients. The primary goal of the refinancing is to accelerate expansion and deploy new capacities to meet the growing demand for artificial intelligence and cloud computing services in the region.
A portion of the funds will also be allocated to strategic investments and to finance broader corporate initiatives. The expected maturity term for the bonds is five years, thus ensuring financial stability and predictability for the group.
A New Benchmark in Green Financing for Data Centers
According to Rich Cosgray, senior vice president of global capital markets at Vantage Data Centers, “The issuance of the first ABS in euros in the data center sector marks a significant milestone in financing digital infrastructure. Following the first securitizations conducted in dollars in North America and in pounds sterling in the EMEA region, Vantage demonstrates its capacity to innovate in the capital markets and develop new financing vehicles that support its global expansion.”
The sustainable nature of the transaction is further strengthened by its certification as a green bond, backed by a Second-Party Opinion (SPO) from Morningstar Sustainalytics. This approach will facilitate the achievement of the United Nations Sustainable Development Goals and promote innovation in next-generation solutions that reduce the company’s environmental impact.
The transaction was structured and led by Barclays and Deutsche Bank, with ING and Natixis as co-leaders and support from ABN Amro, Banco de Sabadell, SMBC, and Société Générale.
Leading Data Center Financing in EMEA
In the past 12 months, Vantage Data Centers has raised a total of 2.2 billion euros in debt financing for its EMEA platform, consolidating its leadership in developing critical infrastructure for the European digital economy.
About Vantage Data Centers
Vantage Data Centers offers power, cooling, protection, and connectivity solutions for leading hyperscalers, cloud providers, and large enterprises around the world. Present on five continents, the company is recognized for its innovation in the design and operation of data centers, prioritizing reliability, efficiency, and sustainability in flexible and scalable environments.
For more information about Vantage Data Centers’ activities and presence in Europe and the EMEA region, please visit the official website: https://vantage-dc.com/data-center-locations/emea/