Next Generation Data

Natixis is pleased to announce the successful closing of a £320 million debt financing package to support Vantage Data Centers in the acquisition and expansion of Next Generation Data (NGD), Europe’s largest data center campus.

NGD is a UK-based data centre campus located in Newport, Wales built to exceed Tier III standards. The campus totals 180MW, including an existing 72MW facility and 108MW of expansion capacity. NGD has built a highly attractive customer base with sizeable long-term contracts with multiple blue-chip, high growth companies.

Vantage Data Centers, a leading global provider of hyperscale data centre campuses, acquired NGD from InfraVia and two founders of NGD on 27 July 2020. The transaction was funded by with equity commitments from Digital Colony Partners and other investors in Vantage, as well as by a £320m acquisition and capex financing package.

Natixis acted as Sole Bookrunner, Mandated Lead Arranger, Facility Agent and Security Agent in the financing underwriting 100% of the facilities and successfully closed the syndication in a challenging market environment in the heart of Covid-19 crisis. The debt was placed among a group of institutional investors and commercial banks.

This landmark transaction confirms Natixis’ lead role in the data center sector, which becomes even more critical during the Covid-19 pandemic.