Morri Rossetti among the firms involved in the €620m funding of Data 4
Data 4, one of the Europe’s main leaders in the data centre market, controlled by AXA Investement Managers – Real Assets, has obtained a record funding of 620 million euros from three lending banks – Deutsche Bank, Société Générale and SMBC – in order to sustain Europe’s development plans, especially taking into account the latest impetus for digital expansion, the sharp increase in volumes of exchanged data and the growing need for connectivity and digital transformation in the business world.
The 2020 – 2024 strategy forsees a further infrastructure enhancement of the current sites as well as an increasing number of data centres in countries such as France, Italy and Spain, with the highest standards of efficiency and eco-sustainability. A further enhancement is to be expected in Germany, central Europe and Scandinavia, in order to expand their presence on the continent.
The Lending banks were assisted by the international law firm White & Case with a multi-jurisdictional team (UK, Italy, Spain, France and Bruxelles) led by partner Jeremy Duffy together with counsel Lisa Seifman and associates Sophie Rezki and Victoria Delacey (all from the London office) which included for Italian law aspects associates Iacopo Canino and Giuseppe Barra Caracciolo as well as associates Francesco Pirisi and Angelo Salis (all from the Milan office); for the tax aspects, said banks were assisted by Studio Tremonti Romagnoli Piccardi e Associati with Mr. Fabrizio Colombo and Ms. Stefania Trezzini as members of its team.
Data 4 was assisted in Italy by Morri Rossetti e Associati firm which acted, for the legal aspects, with a team led by Ms. Roberta Incorvaia and Mr. Carlo Impalà and composed of Ms. Maria Paola Murdolo, Ms. Giorgia Valsecchi and Ms. Valentina Bianchin, and, for the tax aspects, by Mr. Stefano Morri and Mr. Stefano Guarino.
Mr. Dharman Sury, CFO of Data 4 Group, commented: “It was a really complex operation, that required a significant amount of structuring work. An heartfelt thanks to Mr. Stefano Morri and his team: thanks to their expertise and the professional relationship that has bound us for many years, we were able to quickly find the rightful solutions. We are proud and honoured by this succesful and profitable collaboration”.
Data 4 was also assisted by De Pardieau Brocas Maffei in France, Linklaters in Luxemburg, Eversheds in Spain and McFarlanes in the UK.