Hogan Lovells recognised at the IJGlobal Investor EMEA Awards

The firm advised Barclays Bank Ireland Plc. and Deutsche Bank AG as active joint lead managers on a securitization backed by data center leases in Germany for Vantage Data Centers, a leading global provider of hyperscale data center campuses. This was the first ever euro-based securitization of data center assets in Continental Europe.

The transaction finances four energy-efficient data centers in Germany – two located in Offenbach, Frankfurt, and two located in Berlin, all of which are leased to hyperscale customers. The deal marks a milestone as the first data center securitization of its kind in the Continental European market, following a well-established trend in the US. It continues the growing number of green securitizations in Europe and the UK, and follows the first UK data center securitization completed last year.

The Hogan Lovells team on the matter was led by partners Dr. Dietmar Helms and Julian Craughan, and counsel Sebastian Oebels and Isabel Tinsley. To learn more about this project, click here.

Julian Craughan, Securitisation Partner and Head of Capital Markets – International, said: “We are proud to have supported Barclays and Deutsche Bank on such an innovative and market-defining transaction. This deal not only demonstrates the increasing investor appetite for digital infrastructure assets, but also reflects the growing importance of sustainable financing solutions in the European market.”