Vantage Data Centers Secures USD 75 Million From CDPQ for Quebec Expansion

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Summary

The total USD 130 million credit facility was structured and underwritten by Societe Generale.The Quebec City hyperscale data center, located in the National Capital region, is being constructed by Pomerleau. "This new investment in Vantage leverages CDPQs global experience financing critical digital infrastructure to support the delivery of this important local project. ""CDPQs investment will play a crucial role in our expansion in Quebec City and in fueling our capacity to deliver high-quality digital infrastructure in the region," said Vantage Data Centers. "Earlier this year, CDPQ invested in Vantage Data Centers EMEA platform and participated in a USD 7.5 billion debt financing for AI hyperscaler CoreWeave. "We are pleased to partner with CDPQ and to provide a tailored financing solution to support this expansion by Vantage Data Centers in Quebec," said Societe Generale.

$ Funding

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Amount $75.0M Total raised
Date July 24, 2024 Announcement date
Investors - Lead investors
Company https://vantage-dc.com Funded company

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