maincubes, the Frankfurt-based data center operator, has today announced that it has signed a new scalable finance facility of €1.035 billion. The new debt facility will further accelerate its sustainable growth strategy to become a leading European data center operator. The €1.035 billion is made up from €685 million committed facilities with a further €350 million uncommitted accordion made up from a consortium of eight banks and one institutional fund.
maincubes is currently in the process of planning and building new data center facilities, with an emphasis on further scaling operations in Frankfurt and establishing a presence in the rapidly growing Berlin market. maincubes’ tenants include customers from the public sector, national and international enterprises, and service providers that place high value on a sustainable, fail-safe, and high-performance digital infrastructure.
Backed by DTCP and Art-Invest Real Estate, maincubes is executing on the next phase of its well-defined growth strategy. The company has continuous support from its investors to realize large-scale projects. maincubes is expanding its data center portfolio with the construction of three new state-of-the-art facilities in Berlin and Frankfurt. These data centers will not only meet the growing demand for data center services in he region but will also provide our customers with the highest levels of security, reliability, and connectivity. We look forward to breaking ground in Berlin, building further facilities in Frankfurt and delivering on our commitment to provide best-in-class and 100% green-power data center solutions”, said Oliver Menzel, CEO of maincubes.
“We are excited about maincubes’ next stage of growth. Alongside, top national and international infra lenders, we’ll support the company in becoming a leading European data center operator. We are delighted to obtain oversubscribed commitments marking an important milestone for maincubes and underscoring the attractiveness of the data center sector”, said Waldemar Maurer, Partner DTCP.
maincubes was advised by Perella Weinberg Partners Debt Advisory team and Allen & Overy.
The financing consortium was advised by Hogan Lovells.
About DTCP (Digital Transformation Capital Partners)
DTCP is an independent investment management firm with 2.2 billion euros in assets under management and over 50 professionals. DTCP Infra specializes in investments in European digital infrastructure – mobile towers, fiber networks and data centers. The firm’s infrastructure investments include Swiss Towers (acquired by Cellnex), Community Fibre Limited, Cellnex Netherlands, Open Dutch Fiber, e-fiber, and maincubes. To learn more about DTCP, please visit www.dtcp.capital.
About Art-Invest Real Estate
Art-Invest Real Estate is a long-term oriented investor, asset manager and project developer of real estate in good locations with value creation potential. The focus is on metropolitan regions in Germany, Austria and Great Britain. Art-Invest Real Estate pursues a "Manage to Core" investment strategy with institutional investors, selected joint venture partners and its own capital. Investments span the entire risk-return spectrum in the office, city centre retail, hotel, residential and data centre sectors. In total, Art-Invest Real Estate currently manages real estate assets of more than 9 billion euros. More info: www.art-invest.de/en/