Simpson Thacher represented DigitalBridge Group, Inc. (NYSE: DBRG) and its portfolio company Scala Data Centers in connection with a $500 million structured financing round in Scala Data Centers. The investment includes US$250 million from Coatue Tactical Solutions and US$250 million from the Investment Management Corporation of Ontario - IMCO. The investments are intended to accelerate and extend Scala’s strategic capabilities to partner with global hyperscalers in meeting unprecedented cloud and AI demand. The structured financing was subsequently upsized by an additional US$25 million.
Scala Data Centers is a leading global provider of hyperscale data center campuses in Latin America. Scala powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises.
DigitalBridge is a leading global alternative asset manager dedicated to investing in digital infrastructure. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells and edge infrastructure, the DigitalBridge team manages over $80 billion of infrastructure assets on behalf of its limited partners and shareholders.
The Simpson Thacher team includes Gabriel Silva, Shamus Crosby, Gabriela Astolphi, Isabella Correa and Larissa Gebrim (M&A); Andrew Purcell and Brian Mendick (Tax); Peter Guryan and Jamie Logie (Antitrust); Lori Lesser and Ron Ben-Yehuda (IP and Privacy).