Macquarie Capital, the investment arm of the Macquarie Group, has announced a new partnership, including an equity investment, into Prime Data Centers.
Headquartered in California, Prime Data Centers is a wholesale data centre developer and operator with three existing campuses in Sacramento, Santa Clara and Hayward.
The new partnership is now planning a $5 billion expansion drive over a ten year period to acquire and develop additional data centre assets. Prime will be able to make use of Macquarie’s infrastructure and development franchise whilst delivering data centre solutions to enterprise and hyperscale companies.
Mark Bradshaw, Head of Infrastructure Investment and Development for Europe & Americas at Macquarie Capital said “With this partnership and investment, Macquarie Capital can leverage its green energy platform, financial capabilities and its global digital infrastructure experience to help Prime Data Centers accelerate the development of a promising project pipeline of 400MW and drive long-term growth.”