GI Partners Invests $1 Billion in Flexential for Data Center Expansion
GI Partners has announced the closing of a significant investment in Flexential, securing approximately $1 billion in capital to drive the development of next-generation data centers across the United States. This investment was made through an oversubscribed, single-asset continuation vehicle and GI Data Infrastructure, announced in a press release.
The new capital will enable Flexential to expand its high-density colocation presence and meet the growing demand from enterprise and AI customers. This funding, combined with previous investments from Morgan Stanley Infrastructure Partners, will support Flexential's data center pipeline development.
Flexential's CEO, Chris Downie, highlighted that the transaction strengthens their ability to deliver long-term infrastructure projects and meet the surging demand for AI and enterprise computing. The investment will also allow Flexential to accelerate site acquisition, guarantee power commitments, and bring projects online more quickly, according to Ryan Mallory, President and COO of Flexential.
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