Vantage Data Centers’ investment plans are gathering momentum. After recent take-over of Etix, the company announced large green field investment projects in five European locations, including Warsaw. The Polish data centre market is changing dynamically and it experiences a new wave of investment.
$800 million secured for expansion in Europe
Vantage Data Centers (VDC), which focuses on provision of colocation space to largest cloud providers and enterprise companies, has recently announced to invest heavily in its expansion in both North America and Europe. The investor will also enter the Polish market.
VDC has announced that it secured more than $800m in new equity capital from its current investors and new financial investor Digital Colony Partners. A year earlier VDC gathered approx. $700m for its expansion in North America.
With this new funding, VDC is now planning to expand into Europe. To speed this process up, the company has acquired Etix Everywhere, operating 12 data centres for over 200 clients . Founded in 2012, Etix is a leading EMEA data center provider with more than 50MW of built data centre capacity across its footprint, in addition to its flagship 55MW hyperscale campus currently under development in Offenbach, Germany, just outside of Frankfurt. Etix also operates data centres in Latin America and Africa.
5 new data centre facilities including Poland
In addition to taking over Etix’s locations, Vantage is also planning five new European facilities. Vantage CEO says the company will invest a total of about $2 billion in this European expansion. The Europan facilities, which are currently underway, are in the following European markets:
- Berlin: 64MW (5 hectares)
- Warsaw: 64MW (5 hectares)
- Frankfurt: 55MW (3 hectares – Etix)
- Zurich: 40MW (3 hectares)
- Milan: 32MW (7 hectares)
All the above mentioned investment projects are divided into stages.
Warsaw: 21,000 m2 of net floor space
Once fully developed the Warsaw campus will feature 64MW (power provided by Innogy) of critical IT load, 50,000 m2 gross space and as much as 21,000 m2 of net sellable IT area, what would make it by far the largest investment project ever done on the Polish data centre market representing a third of the current total market capacity.
According to information PMR received from VDC representatives the first phase assumes the capacity of 8MW to be kicked off in 2021 and further expansion actually depends on customer demand. The facility will be located in the Northern part of Warsaw, on the left side of Vistula river, approx. 1km from the Mlociny metro station. Warsaw data centre campus will include dedicated customer office space, meet-me, conference and large-scale break rooms. The facility will provide N+1 redundancy across all power systems and N+2 component-level redundancy across mechanical colling systems. The projected average density is 3.23kW/m2.
Infrastructure funds gathering momentum
In mid-2019 Digital Colony announced the final closing of its inaugural fund with $4.05bn in commitments, well surpassing its original target of $3.0bn. Digital Colony is an infrastructure fund. The firm was launched in 2018 by Digital Bridge Holdings and Colony Capital. The fund is aimed at support network buildout and prepare for the implementation of 5G, IoT, AI, cloud, DC and other forms of next generation infrastructure and networks.
Digital Bridge Holdings was funded in 2013 and has a track record of creating value based upon its active management of portfolio companies spanning the tower, data centre, small cell/DAS and fibre optics markets. The firm currently has six portfolio companies across the United States and Latin American ICT infrastructure markets: Andean Tower Partners, DataBank, ExteNet Systems, Mexico Tower Partners, Vantage Data Centers, and Vertical Bridge, which collectively have raised and invested over $9.0 billion in debt and equity capital.
Colony Capital is a global investment management firm with assets under management of $43 billion. The company manages capital on behalf of its stockholders, as well as institutional and retail investors in private funds, and traded and non-traded real estate investment trusts. Funded 26 years ago, Colony Capital is headquartered in Los Angeles with key offices in New York, Paris and London, and has over 400 employees across 19 locations in 12 countries.