KKR Commits $1 Billion to Form Data Center Platform Global Technical Realty
05.27.20
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The Firm represented KKR in its announced formation of Global Technical Realty (“GTR”), a build-to-suit and roll-up acquisition data center platform in Europe. KKR will make a $1 billion equity capital commitment primarily from its third global infrastructure fund, which may be supplemented with additional commitments over time, to develop and build data centers for large technology companies across Europe over the coming years.
The Simpson Thacher team includes Breen Haire, Kyle Kreshover and Sara Daniel (M&A); David Rubinsky and Caitlin Lucey (ECEB); and Nancy Mehlman and Tyler Robbins (Tax).