Deals Counterparts

Oaktree Capital Management Invests in Compass Datacenters

Investment Data Centers announced London, United States Jan 29, 2024
500 MW
Capacity
development
Stage

Compass Datacenters announced a strategic investment from Oaktree Capital Management to support its continued growth and expansion in the data center market.

Source Intelligence

KEY DETAILS

The deal values Pure DC between £4 billion and £5 billion. "The fundraising process is expected to begin as early as November, although details of timing and structure are still being finalised."

Deal Size
Oaktree Capital Management is preparing a major funding drive for its data centre development arm, Pure Data Centres Group (Pure DC), as it looks to raise at least £800 million through the sale of a 20% to 40% minority stake.
Capacity
Pure DC currently operates more than 500MW of capacity across the UK, Europe, the Middle East and Asia
Location
A key element of Pure DC’s growth strategy is its £1 billion joint venture with property investment firm SEGRO PLC to build a 56MW data centre in Park Royal, West London.
PPA Details
Designed to support next-generation cloud and AI workloads, the site is expected to be pre-let to a major hyperscale customer on a lease of at least 15 years.
Financials
The deal, which values Pure DC between £4 billion and £5 billion, signals Oaktree’s confidence in the accelerating global demand for hyperscale digital infrastructure.
Announcement
Daily AI Briefing 07 Oct 2025
COD
Construction is scheduled to begin in 2026, subject to planning and financing approvals, with completion targeted for 2029.
PARTIES MENTIONED IN SOURCE
O
Oaktree Capital Management investor

"Oaktree Capital Management is preparing a major funding drive for its data centre development arm, Pure Data Centres Group (Pure DC), as it looks to raise at least £800 million through the sale of a 20% to 40% minority stake."

P
Pure Data Centres Group developer

"Oaktree Capital Management is preparing a major funding drive for its data centre development arm, Pure Data Centres Group (Pure DC), as it looks to raise at least £800 million through the sale of a 20% to 40% minority stake."

S
SEGRO PLC developer

"A key element of Pure DC’s growth strategy is its £1 billion joint venture with property investment firm SEGRO PLC to build a 56MW data centre in Park Royal, West London."

high quality Enriched Feb 19, 2026

Timeline

Announced
Jan 29, 2024
Signed
Closed

Market Context

This deal is part of the Data Centers sector in United States.
30
Data Centers deals
567
deals in United States

Source

ukai.co
1 of 30 Data Centers deals tracked this month · Updated daily

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