Norton advises on €210m data centre financing for Berlin
Norton Rose Fulbright has advised Standard Chartered and Crédit Agricole on a €210 million development facility for Virtus Data Centres' new 19,000m² campus in Berlin.
MAIN POINTS
- Norton Rose Fulbright advised on a €210 million financing deal.
- The financing supports Virtus Data Centres' Berlin campus development.
- Standard Chartered and Crédit Agricole are the involved banks.
- Virtus Data Centres specializes in colocation services.
TAKEAWAYS
- The financing will aid in expanding data centre infrastructure in Berlin.
- Norton Rose Fulbright plays a key advisory role in major financial deals.
- The project highlights the growing demand for data centre facilities.
- Collaboration between major banks facilitates large-scale infrastructure projects.