Photon Capital Keeps Stake in Penta Infra After Selling 49% to PGGM
Photon Capital has decided to retain a substantial stake in Penta Infra, even after selling a 49% share to PGGM. This move comes as Penta Infra continues to expand, having recently opened a new data center in Brussels.
Penta Infra, a pan-European data center operator, boasts facilities in key markets like Germany, France, the Netherlands, Belgium, and Denmark. These centers are modern and sustainable, catering to the growing demand for digital infrastructure across Europe.
The transaction, advised by a cross-border Dentons team led by Dr. Christoph Papenheim, marks a significant milestone for Penta Infra. The partnership with PGGM will bolster Penta Infra's growth plans and help meet the increasing need for digital infrastructure in the European countries.
Photon Capital's decision to maintain a significant stake in Penta Infra, alongside PGGM, signals confidence in the company's growth potential. This strategic partnership will enable Penta Infra to continue expanding its footprint and delivering sustainable data center solutions across the European countries.
