Proceeds from the term loan will be used to facilitate the continued buildout of Vantage's high-quality data center portfolio as it continues to expand its footprint across key North American markets.
"We are thrilled to be partnering with Vantage and look forward to supporting the company as it executes on a robust project pipeline that will add critical, energy-efficient hyperscale data center capacity to the North American market. Vantage's strong commitment to building and operating data centers that prioritize sustainability and environmental responsibility is fully aligned with our stainability objectives," said
Data centers are increasingly critical infrastructure to society given the growth in cloud computing, data consumption, generative AI, and other factors. Power Sustainable views Vantage as a best-in-class developer and operator of hyperscale data centers that demonstrate industry-leading energy and water usage efficiency.
This investment represents PSIC's inaugural investment and comes shortly after Power Sustainable announced the closing of a
About Power Sustainable
Power Sustainable is a climate-focused investment manager which finances companies and projects aiming for both competitive returns and positive sustainability outcomes.
The firm offers institutional investors exposure to alternative assets which accelerate and scale sustainable solutions across multiple industries.
With just over
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SOURCE Power Sustainable
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