KfW IPEX-Bank underwrites financing for data center in Germany
Germany, July 3 -- Vantage Data Centers is building a data center near Frankfurt am Main, Germany. KfW IPEX-Bank acted as Underwriter and Bookrunner together with two international banks. The general syndication in the European project finance market proved highly successful and was closed recently.Vantage Data Centers has a comprehensive sustainability concept for their data centers and the project at hand shows a state-of-the art energy efficiency with an annual PUE of ~1.2. The water consumption for the site will be limited as the cooling process will not evaporate water. Furthermore, the data center is expected to be powered with 100% renewable energy and waste heat connections are included in the design, allowing heating grid operators...
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