Virtus Data Centres has completed a £2.45 billion ($3.25 billion) financing package arranged by a consortium of 13 banks, with BNP Paribas, Crédit Agricole CIB, Société Générale, and Standard Chartered Bank acting as coordinators. The package includes a £1.2 billion green capex facility available through term and revolving tranches, and Virtus described it as one of the largest data centre bank financings completed in the UK to date. Capital will support the company's 78MW Saunderton campus in Buckinghamshire and future investment in the London19 facility in Slough, as well as projects in development in Germany and Italy. CEO Adam Eaton said the financing provides capital flexibility to continue investing in high-quality data centre infrastructure across the European market.
A £2.45 billion financing from 13 banks signals strong institutional appetite for large-scale European data center debt at a time when the market is watching whether capital markets can keep pace with infrastructure demand. The inclusion of a £1.2 billion green capex facility sets a benchmark for sustainability-linked structures in UK data center financing.
A £2.45 billion financing package for a single operator's build-out is a significant capital markets event signaling strong investor appetite for European data center capacity. The large, named figure and specific company make this highly newsworthy.