Simpson Thacher represented Arjun Infrastructure Partners (“Arjun”) on its acquisition of a 30% stake in a stabilised data centre portfolio (“StableCo”) operated by Data4, a leading European data centre operator. Supported by Arjun’s latest fund and co-investors, this transaction marks Arjun’s inaugural investment in the data centre sector. Other investors in StableCo include Brookfield, which acquired Data4 in 2023.
StableCo is comprised of a portfolio of hyperscale data centres in Paris, Madrid and Milan, with a combined capacity of 244MW. Data4’s experienced management team will continue to manage the portfolio.
The Simpson Thacher team includes Amy Mahon, Ciaran Cronin, Kate Strachan, Bella Sullivan, Simone Chua, Isabel Lam and Cie Jen Wong (M&A); Claire Williams, Lauren Bugler and Jennifer Falconer Hall (Credit); Sarah Lindley, Chris Dorman and Tim Wells (Tax); Étienne Renaudeau, Henry Llewellyn and Alysha Hoare (Antitrust); and Kurt Thiebaux (Luxembourg Funds).