Ares Management, CDPQ, and Schroders Capital Announce EUR 750 Million Financing for Expansion of Vantage Data Centers EMEA Platform

Investment to Support Growth and Expansion of Vantage's European Data Center Footprint

Ares Management Corporation ("Ares"), CDPQ, and Schroders Capital ("Schroders") today announced a EUR 750 million financing commitment to support the growth and expansion of Vantage Data Centers' ("Vantage") European data center platform, Vantage Data Centers EMEA ("Vantage EMEA"). The financing will be used to fund the development and acquisition of new data centers across Europe, as well as to support Vantage EMEA's existing operations.

Vantage EMEA is a leading provider of hyperscale data center campuses in Europe, with a presence in key markets such as the United Kingdom, Germany, and the Netherlands. The company's data centers are designed to meet the growing demand for high-performance computing, cloud computing, and artificial intelligence applications.

"This financing commitment from Ares, CDPQ, and Schroders is a strong endorsement of Vantage EMEA's growth strategy and the strength of our platform," said Antoine Boniface, President and CEO of Vantage Data Centers EMEA. "We are excited to partner with these leading global investors to accelerate our expansion and meet the growing demand for data center capacity in Europe."

The financing commitment includes a EUR 500 million term loan facility provided by Ares and CDPQ, and a EUR 250 million revolving credit facility provided by Schroders. The term loan facility has a five-year term and the revolving credit facility has a three-year term.

"We are pleased to provide financing to support Vantage EMEA's growth and expansion," said David Roth, Head of European Direct Lending at Ares. "Vantage EMEA is a leading provider of data center solutions in Europe, and we believe that this financing will enable the company to continue to grow its business and meet the increasing demand for data center capacity."

"CDPQ is committed to investing in the digital infrastructure sector, and we are excited to partner with Vantage EMEA to support the growth of their European platform," said Emmanuel Jaclot, Executive Vice-President and Head of Infrastructure at CDPQ. "Vantage EMEA has a strong track record of success, and we believe that this financing will enable the company to continue to execute on its growth strategy."

"Schroders is pleased to provide financing to Vantage EMEA, a leading provider of data center solutions in Europe," said James Seppala, Head of Real Estate Debt at Schroders. "We believe that this financing will support Vantage EMEA's growth and expansion plans, and we are excited to be a part of the company's success."

Vantage Data Centers is a global provider of hyperscale data center campuses. The company has a presence in North America, Europe, and Asia Pacific. Vantage's data centers are designed to meet the growing demand for high-performance computing, cloud computing, and artificial intelligence applications.

Ares Management Corporation is a leading global alternative investment manager with approximately USD 182 billion of assets under management across a diversified range of asset classes. Ares Management invests in credit, private equity, real estate, and infrastructure.