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Market Chatter: Brookfield Infrastructure-Backed Data4 Plans to Invest $331 Million in New Greek Hub
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Market Chatter: Brookfield Infrastructure-Backed Data4 Plans to Invest $331 Million in New Greek Hub
Sep 11, 2024 4:48 AM

07:09 AM EDT, 09/11/2024 (MT Newswires) -- Brookfield Infrastructure Partners ( BIP/PA )- (BIP) backed data center firm Data4 plans to invest about 300 million euros ($331 million) to develop a new data center in Greece and is in talks for the project's funding, Bloomberg News reported Wednesday, citing an interview with Data4 Chief Executive Olivier Micheli.

Micheli told Bloomberg that Data4 looks to fund the majority of the planned data center with new debt, through existing lenders and Greek banks.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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