KKR Boosts Data Center Portfolio With $1.5 Billion GTR Stake - KKR (NYSE:KKR)
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9 Articles
KKR Boosts Data Center Portfolio With $1.5 Billion GTR Stake - KKR (NYSE:KKR)
KKR & Co. Inc. (NYSE:KKR) shares are trading lower on Wednesday. The company disclosed an additional $1.5 billion equity investment in Global Technical Realty (GTR), a multi-billion-dollar European built-to-suit data center platform. Oak Hill Capital is joining KKR as a new investor and committing about $400 million. • KKR shares are experiencing downward pressure. What’s driving KKR stock ...Full story available on Benzinga.com
American investment firms bet big on Europe’s data center boom
News The capital is meant to accelerate a built-to-suit data center platform’s expansion across Europe as demand grows Edited by Brad Randall, Broadband Communities American-based investment firm KKR is putting more money into Europe’s data center boom, announcing an additional $1.5 billion equity commitment to Global Technical Realty (GTR), a built-to-suit data center platform it helped launch. The deal also brings New York City-headquartered O…
American investment firms bet big on Europe's data center boom - Broadband Communities
News The capital is meant to accelerate a built-to-suit data center platform’s expansion across Europe as demand grows. Edited by Brad Randall, Broadband Communities American-based investment firm KKR is putting more money into Europe’s data center boom, announcing an additional $1.5 billion equity commitment to Global Technical Realty (GTR), a built-to-suit data center platform it helped launch. The deal also brings New York City-headquartered …
KKR and Oak Hill Capital will spend about $2 billion (about €1.7 billion on change) on the European Global Technical Realty data centre platform (GTR) with the aim of accelerating its expansion in the face of increased demand for next generation infrastructure linked to the cloud and AI. According to KKR in a statement, the firm will make an investment of $1.5 billion (€1.280 million), while Oak Hill Capital will join the platform with a commitm…
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