Ares Management, CDPQ, And Schroders Capital Announce €750M Financing For Expansion Of Vantage Data Centers' EMEA Platform, Ares And CDPQ Are Providing Up To €300M Respectively, And Schroders Capital Is Contributing Up To €150M
Portfolio Pulse from Benzinga Newsdesk
Ares Management, CDPQ, and Schroders Capital have announced a €750M financing deal to expand Vantage Data Centers' EMEA platform. Ares and CDPQ are each providing up to €300M, while Schroders Capital is contributing up to €150M.
May 16, 2024 | 10:35 am
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Ares Management is providing up to €300M in financing for the expansion of Vantage Data Centers' EMEA platform. This significant investment highlights Ares' commitment to the data center sector and could positively impact its stock price in the short term.
Ares Management's substantial investment in Vantage Data Centers' EMEA expansion demonstrates its strategic focus on the growing data center market. This move is likely to be viewed positively by investors, potentially boosting Ares' stock price in the short term.
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