Press Release from 2023-05-03 / KfW IPEX-Bank

KfW IPEX-Bank provides financing for EdgeConneX’s European data centers

The inside of a data centre

KfW IPEX-Bank contributes as a Mandated Lead Arranger to the sustainability-linked EUR 2.6 billion financing of EdgeConneX’s European data centres. The debt package provides for a portfolio financing, facilitating further growth of the platform.

EdgeConneX is a globally leading data centre operator, with a pan-EMEA data centre portfolio across seven jurisdictions. In 2020, EdgeConneX was acquired by EQT, a global investment organization in digital infrastructure.

With this financing, KfW IPEX-Bank underpins its commitment to promote digital infrastructure globally and supports one of the leading data centre operators.

About KfW IPEX-Bank
Within KfW Group, KfW IPEX-Bank is responsible for project and export finance. It supports German and European companies operating in key industrial sectors in global markets by structuring medium and long-term financing for their exports, funding infrastructure investments, securing supply of raw materials and by financing environmental and climate change mitigation projects worldwide.

As a bank that stands for transformation, it finances technologies of the future to support the transition towards sustainable society in all three dimensions of the economy, environment and social. By implementing ambitious sector guidelines for CO2-intensive sectors KfW IPEX-Bank ensures its financings are compatible with the goals of the Paris Agreement. By introducing GHG accounting it aims to achieve a net zero emissions portfolio by 2050.

As specialist bank, KfW IPEX-Bank has extensive industry, structuring and country expertise, it takes on leading roles in financing consortia and actively involves other banks, institutional investors and insurance firms. KfW IPEX-Bank operates as a legally independent group subsidiary and is represented in the most important economic and financial centres across the globe.

Infrastructure

In the infrastructure sector we support financings for digital infrastructure, charging infrastructure, energy infrastructure, air and sea ports as well as the construction industry, among others.