Expertise
Insights
Insights

CMS lawyers can provide future-facing advice for your business across a variety of specialisms and industries, worldwide.

Explore topics
Insights
About CMS

Select your region

Publication 07 Nov 2023 · International

Case Study: Data centres in Europe

2 min read
servers

On this page

CMS advised the lending group on two separate multi- hundred million pound financings of the data centre business of Ark Data Centres (ADC) in the UK.

ADC provides low cost, private-campus fibre connectivity to some of the world’s leading cloud providers. One of the financings related to ADC’s established portfolio of businesses. The other was for a new development, for a hyperscale tenant, financed on a stand-alone basis. CMS’ extensive experience with fibre and data centre projects enabled these two very large financings to come together on time, despite short timescales, and within budget.

CMS also advised a syndicate of lenders on a multi- hundred million euro financing of Atlas Edge’s data centre expansion across multiple jurisdictions in Europe. Atlas Edge is a pan-European data centre platform, a joint venture between Liberty Global and Digital Edge, with locations spanning Belgium, Denmark, France, Germany, Ireland, Italy, the Netherlands, Poland, Spain and Switzerland.

The project had a high degree of complexity, involving cross-practice advice from a technology, commercial, competition, regulatory, real estate, energy and finance perspective. CMS’ multi- jurisdictional and multi-discipline practice made us almost uniquely well placed to deliver this first-of-its-kind to market financing as a one-stop- shop solution.

CMS’ extensive experience with fibre and data centre projects enabled these two very large financings to come together on time, despite short timescales, and within budget.

European countries have been at the forefront in the drive to achieve net zero emissions

Case Study: bp Aberdeen Hydrogen Project

Case Study: Carbon capture – UK

Case Study: New water supply Oslo project, Norway

previous page

29. Case Study: Carbon capture – UK

next page

31. Case Study: New water supply Oslo project, Norway