Global law firm White & Case LLP has advised the lenders on a €650 million senior financing for OpCore, a joint venture between the iliad Group and InfraVia created to develop a major independent European hyperscale data center platform.
As part of the transaction, the iliad Group is selling to InfraVia a 50 percent stake in OpCore.
Through this partnership, the iliad Group and InfraVia provide OpCore with the financial structure it needs to capitalize on the European hyperscale data market by developing new 100 MW+ data centers in France and Europe, with several construction projects already underway.
The White & Case team which advised on the transaction was led by partner Amaury de Feydeau (Paris) and included partner Elizaveta Bazarova (London) and associates Tsveta Pencheva, Jessy Laberty, Laïla Draz, Charles Linel, Eva Brunelli Brondex (all Paris), Scott Goldner (Brussels), Paweł Góra and Joanna Misztal-Dzitko (both Warsaw).
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