Arjun Infrastructure Partners has made its debut in the data centre sector by acquiring a stake in a 244MW portfolio owned by European data centre company Data4.
Arjun, on behalf of its latest fund and co-investors, has invested an undisclosed sum to buy the 30% interest in the stabilised data centre portfolio (StableCo) comprising hyperscale data centres in Paris, Madrid and Milan.
Other investors in StableCo include Brookfield, which acquired Data4 in 2023 and remains an owner.
Rohini Pahwa, partner at Arjun Infrastructure Partners, said: “Data4’s StableCo portfolio exemplifies market-leading, essential infrastructure backed by strong management. We are excited to enter the data centre sector with this transaction, having monitored the space for several years.
“We remain committed to our strategy of investing in real infrastructure, in sub-sectors and assets, exhibiting attractive risk-adjusted returns underpinned by long-term contracts and operating in countries with a supportive regulatory backdrop. We are pleased to be collaborating with strong partners and a best-in-class and experienced management team of Data4.”
Olivier Micheli, CEO of Data4, said: “We are pleased to broaden our investor base with the addition of Arjun as a new shareholder. This strategic investment reflects strong confidence in Data4’s fundamentals and serves as a clear validation of its international expansion and digital-campus development model.
“Backed by this partnership, Data4 is well positioned to accelerate its growth trajectory and further consolidate its leadership in the European data-centre market.”
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