Summary:
1. Standard Chartered has been appointed as the lead arranger and hedging bank for a EUR 210 million financing facility to develop the Marienpark Data Centre Campus in Berlin.
2. The campus will feature four purpose-built data centre buildings with up to 57.6 MW of IT capacity, designed for scalability and flexibility to support hyperscale customers, government, and enterprise clients.
3. VIRTUS Data Centres, part of STT GDC, aims to provide energy-efficient and adaptable facilities to meet customer requirements and support digital infrastructure growth in key European markets.
Article:
Standard Chartered has taken on the vital role of Mandated Lead Arranger and Hedging Bank in overseeing a substantial EUR 210 million financing facility for the development of the Marienpark Data Centre Campus in Berlin. This ambitious project, spearheaded by VIRTUS Data Centres, is set to introduce four purpose-built data centre buildings, boasting a remarkable 57.6 MW of IT capacity spread across 19,000 square metres of technical space.
The Marienpark Data Centre Campus is meticulously crafted for scalability and flexibility, catering to a diverse clientele that includes hyperscale customers, government entities, and enterprise clients. These state-of-the-art facilities offer secure, high-performance, and future-ready data centre solutions, aligning seamlessly with VIRTUS’s commitment to bolstering digital infrastructure growth across the region.
VIRTUS Data Centres, a prominent player in the European market, operates data centres in key cities such as London, Berlin, and Milan. As a part of the esteemed ST Telemedia Global Data Centres (STT GDC) network, VIRTUS contributes to a global platform comprising over 100 data centres and a staggering 2GW of IT load spanning 12 geographies. The Marienpark Data Centre Campus represents a significant milestone in VIRTUS’s mission to provide energy-efficient and adaptable facilities that cater to a wide array of customer needs.
Barry Power, Corporate Finance Director at VIRTUS, emphasized the importance of this project in delivering scalable and secure infrastructure to meet the growing demands of clients. Shane Moore, Head of Commercial Real Estate, EMEA at Standard Chartered, highlighted the significance of this transaction in offering bespoke finance solutions and fostering the development of digital infrastructure in crucial European markets. This partnership between VIRTUS Data Centres and Standard Chartered sets the stage for a groundbreaking venture that promises to revolutionize the digital landscape in Berlin and beyond.
