KKR Infra launches major European data centre platform

27 May 2020 - 12:00 am UTC

KKR Infrastructure has launched a new data centre platform targeting European investments which is expected to deploy at least USD 2.5bn (EUR 2.3bn) between debt and equity in new data centres in the coming years.

The US investment firm said in a Wednesday (27 May) statement that it will invest at least USD 1bn of equity in the venture, mainly coming from its third global infrastructure fund. The fund reached the final close in 2018 with USD 7.4bn of commitments. 

The platform, Global Technical Realty (GTR), will also be backed by data centre entrepreneur Franek Sodzawiczny, who previously funded data centre operators Zenium Data Centers and Sentrum. Sodzawiczny has been appointed as GTR’s CEO.

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