White & Case Advises Chirisa Technology Parks on the Financing of Major Data Center Expansion Initiatives Across the US

Global law firm White & Case LLP has represented affiliates of Chirisa Technology Parks (CTP), the wholesale and hyperscale data center development platform of Chirisa Investments, in a US$200 million debt financing from Brookfield Infrastructure Debt and US$50 million debt financing from Crestline Direct Lending in support of the 242,000 square-foot Richmond data center in Virginia and 160,000 square-foot Volo data center facility in Illinois.

These transactions were a part of CTP's major expansion of its data center footprint across the US. Following these expansions, CTP will have deployed more than 400 MWs of critical capacity for large wholesale and hyperscale customers. CTP is focused on the rapid delivery of high-performance leading-edge facilities to support hyperscale, HPC and AI customers across North America and Europe.

The deal was led by Project Development and Finance partner Raymond Azar, and included associates Joan Martinez and Jeffrey Godly, with support from partners Jennifer Iacono, Elodie Gal and partner of counsel Sylvia Fung Chin (all in New York).

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