NORD/LB and syndicate provide €1.2 billion financing to AtlasEdge for European data center expansion
Type: Financing · Technology: Data Center · Country: Germany · Value: $1.4B · Announced: 2026-06-04
German bank NORD/LB, alongside a syndicate of international lenders, closed a €1.2 billion ($1.4 billion) financing package for AtlasEdge, a leading European data center operator. The financing supports the refinancing of AtlasEdge's existing portfolio across key DACH markets (Germany, Austria, Switzerland), Manchester, and Brussels, while enabling expansion into high-growth locations beyond traditional hubs like Frankfurt, Amsterdam, and London. The funds will facilitate AtlasEdge's capacity expansion to meet rising demand driven by AI and cloud computing growth across Europe. NORD/LB highlighted the transaction as part of its ongoing strategy to finance critical digital infrastructure supporting Europe's digital economy, connectivity, and competitiveness. The deal reinforces AtlasEdge's position as a key player in Europe's data center sector amid accelerating digital transformation.
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