LONDON, UK, May 12th , 2020 – Rubicon Capital Advisors (“Rubicon”) is pleased to announce the successful close of a capital raise process for Echelon Data Centres (“Echelon”), a developer, operator and owner of a network of large-scale data centre campuses across Europe.
Echelon have partnered with Pioneer Point Partners (“Pioneer”) and Davidson Kempner European Partners (“Davidson Kempner”) as part of their €1 billion investment programme across two sites in Ireland totalling 184MW in capacity, with additional pipeline capacity both in Ireland and across Europe.
The data centre sector is going through significant change driven by the exponential growth in data, leading to the need for projects on a much larger scale than previously seen. This, combined with end tenants’ desire for renewable energy solutions to meet their stated carbon neutral goals, means the energy solutions for data centres are becoming increasingly capital intensive and require specialist investment expertise.
Rubicon Group Head, John Kirwan stated “Rubicon is very pleased to have worked with Echelon, Pioneer and its partner, Davidson Kempner, to successfully deliver this ground-breaking project. This transaction is yet another recent example of success in our ‘core plus’ focus and demonstrates the market appetite for broadband and data centre development that continues to underpin deal pipeline in the digital infrastructure sector”.
This transaction builds upon Rubicon’s strong track record in the ever-expanding digital infrastructure and ‘core plus’ sectors. Rubicon remains highly active in 2020, having already announced the successful completion of 5 significant transactions in the first quarter of the year alone, and currently in the market with over 10 new transactions across multiple sectors spanning Europe, North America and Latin America.
About Rubicon Capital Advisors
Rubicon is one of the world’s leading investment banking firms focused solely on the infrastructure, energy & utilities sectors. With offices in Europe, the Americas and Asia, the firm has a truly global reach. Since inception in 2011, Rubicon has closed on the sale, acquisition or refinancing of over 100 essential infrastructure, energy & utilities assets located across Europe, North America, Latin America and Asia with a combined enterprise value in excess of USD $55 billion. The firm is regulated by the Central Bank of Ireland and its U.S. affiliate is a member of FINRA and SIPC and registered as a broker-dealer with the SEC. Learn more about the firm at: www.rubiconcapitaladvisors.com and by following Rubicon Capital Advisors on LinkedIn and Twitter.
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