Naxitis and BNP Paribas granted additional financing for an amount of 250 million to Data4, a European leader in Europe for the construction and management of data center for data hosting, in order to enable growth of the company in Europe.
The additional funding will facilitate Data4 to invest more in the Campus activities held in Milan, Paris and Luxemburg, and will also allow new acquisitions in key markets of the continent.
In Italy and France, where the company already has a strong presence, six latest generation data centers will be built following the highest efficiency and eco-sustainability standards.
Data 4 is controlled by American investment funds managed by Colony NorthStar.
Data 4 has been advised by Morri Rossetti Law Firm in Italy, by Ares e Wargny Katz in France, by Elvinger Hoss & Prussen in Luxembourg and by Orrick in the United States.
Morri Rossetti’s legal team was led by the partner Cristina Cengia, the senior associate Carlo Impalà, the associates Leonardo Perugini and Isabel Bassanelli; for the financial aspects the company was assisted by the partner Stefano Morri, assisted by the associate Stefano Guarino.
The notary Angelo Busani wrote the necessary documents regarding fundings and guarantees.
Legance Associate Lawyer advised the lending banks (that provide the additional financing directly from the Paris Head Office) with a team lead by the partners Marco Graziani and Emanuele Espositi, assisted by the managing associate Antonello Pezzopane, for the banking profile, and by the counsel Francesco Di Bari for the financial aspects.
The bank assistance, for French and Luxembourg law, has been provided by the law firms Mayer Brown and Arendt & Medernach.