Intelligent CIO Europe Issue 98 | Page 29

DATA CENTRES
INTELLIGENT TECHNOLOGY

KKR and Oak Hill Capital commit nearly US $ 2 billion to Global Technical Realty

KKR is making an additional US $ 1.5 billion equity commitment to Global Technical Realty( GTR), a multibillion dollar European built-to-suit data centre platform.

In connection with this investment, Oak Hill Capital, a thematic middle-market private equity firm, will join as an investor in the company, committing approximately US $ 400 million.
Founded by leading data centre entrepreneur Franek Sodzawiczny and KKR, GTR has grown into one of Europe’ s premier developers and operators of mission-critical data centre capacity.
Since the launch of the platform in 2020, GTR has established a strong footprint across both primary and emerging highgrowth markets.
The company delivers innovative data centres designed to meet the requirements of hyperscale, cloud and AI-driven workloads, supported by a team drawn from some of the industry’ s most experienced participants.
The new commitments from KKR and Oak Hill will support GTR’ s substantial development pipeline. This includes additional greenfield capacity and new market entries across Europe to meet rising demand for high-performance and powerdense compute and cloud infrastructure.
With a growing operating team and multiple projects already in execution, GTR is positioned to scale rapidly across Europe as demand for AI-ready data centre capacity continues to accelerate.
Andrew Peisch, Partner, KKR, said:“ GTR has established itself as one of Europe’ s most capable developers of nextgeneration facilities, and we are thrilled to deepen our commitment to the platform while expanding our long-standing relationship with Oak Hill.”
Adam Hahn, Partner, Oak Hill, said:“ GTR has built a differentiated platform with a strong management team and we look forward to supporting the company as it continues to scale to meet the growing digital infrastructure needs across Europe.”
Franek Sodzawiczny, CEO and founder, GTR, said:“ This investment marks a major inflection point for GTR. Demand from hyperscale and AI-driven customers across Europe continues to accelerate, and this capital enables us to scale our team, deepen our operating capabilities, and move faster into new markets. KKR has been an exceptional strategic partner since our inception, and their renewed commitment positions us to execute against a substantial development pipeline. We are also delighted to welcome Oak Hill, whose deep experience in digital infrastructure and telecommunications will be invaluable as we scale the platform for its next phase of growth.”
KKR is funding its investment primarily from its Global Infrastructure Strategy. The firm has committed approximately US $ 34 billion of equity into digital infrastructure across 24 investments, alongside more than US $ 20 billion in power and renewables.
KKR’ s portfolio includes five data centre platforms across the US, APAC and EMEA totaling more than 155 facilities and a 12-gigawatt development pipeline, twelve fibre platforms reaching nearly 30 million homes and over 130,000 wireless infrastructure sites across Europe and APAC. • www. intelligentcio. com
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