Headquartered in Colorado, EdgeCore Digital selects, constructs, and commercialises data centres for internet, cloud, and technology firms
Hyperscale data centre platform EdgeCore Digital acquired by Partners Group. (Credit: EdgeCore Digital Infrastructure)
Partners Group said that it has acquired US-based hyperscale data centre platform EdgeCore Digital Infrastructure on behalf of its clients.
As per the terms of the deal, the Swiss private equity firm will invest up to $1.2bn to finance the acquisition and for the buildout of EdgeCore Digital’s existing and new data centre sites.
Headquartered in Colorado, EdgeCore Digital selects, constructs, and commercialises data centres for internet, cloud, and technology companies.
The company currently has four power- and shovel-ready campuses, operational data centre buildings.
EdgeCore Digital CEO Tom Ray said: “EdgeCore differentiates itself through a combination of superior site locations, excellent reliability, flexible customer solutions, and speed to market.
“We build data centres in areas that maximize our pool of potential customers and design them to the performance standards of the top hyperscale customers.
“We have identified a pipeline of opportunities across the US and believe Partners Group’s extensive experience working with infrastructure platforms, coupled with its financial resources, will enable us to execute on current and future opportunities.”
Partners Group expects to work with EdgeCore Digital’s management team, which is claimed to have 140 plus years of combined industry expertise, on the firm’s transformational value creation plan.
The key initiatives to be taken up by the private equity firm for EdgeCore Digital are the expansion of existing sites, constructing future assets in the US, and increasing the sustainability initiatives at the latter’s data centre campuses.
Partners Group private infrastructure Americas co-head and managing director Ed Diffendal said: “Through our thematic investing approach, we found rising demand for data centres in the US as service providers deploy more capacity to support businesses migrating to the cloud.
“EdgeCore is a unique next-generation infrastructure investment due to its strong portfolio of data centre sites, advanced pipeline of shovel-ready assets in strategically important markets, and talented management team.”