News

The capital is meant to accelerate a built-to-suit data center platform’s expansion across Europe as demand grows.

Edited by Brad Randall, Broadband Communities

American-based investment firm KKR is putting more money into Europe’s data center boom, announcing an additional $1.5 billion equity commitment to Global Technical Realty (GTR), a built-to-suit data center platform it helped launch.

The deal also brings New York City-headquartered Oak Hill Capital aboard as a new investor, with roughly $400 million committed.

Together, the capital is meant to accelerate GTR’s expansion across the continent with growing demand for high-performance, AI-ready infrastructure.

GTR was founded by entrepreneur Franek Sodzawiczny alongside KKR in 2020.

The company has since focused on developing mission-critical, hyperscale-ready facilities in both established and emerging European markets.

Sodzawiczny said the fresh funding “marks a major inflection point” for the company. He also said the funding will allow GTR to scale its team, deepen operating capabilities, and move faster into new markets to meet rising hyperscale and AI-driven demand.

Andrew Peisch, a KKR partner, also offered comment. He said Europe needs “high-quality, power-efficient, and scalable data center infrastructure” as cloud growth and AI workloads expand, and called GTR one of the region’s “most capable developers.”

For Oak Hill, the investment additionally continues a long-running focus on telecom and digital assets.

Adam Hahn, a partner at Oak Hill, described GTR as a “differentiated platform.”

Hahn also said the firm will bring experience in digital infrastructure and telecommunications as GTR scales.

Oak Hill’s $400 million commitment makes this its fourth platform investment specifically in data centers.

AI tools from Noah Wire Services have been used to help generate this report.

Get news like this in your inbox. Subscribe to the Broadband Communities newsletter!