Press release | 16 Dec 2021
Berenberg Infrastructure & Energy

Berenberg Digital Infrastructure Debt Fund is financing maincubes’ 4.8 MW data center in Amsterdam

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Amsterdam /Hamburg. The private bank Berenberg and the international data center owner and operator maincubes are starting their cooperation with the data center AMS01 located in Amsterdam. Berenberg‘s Digital Infrastructure Fund provides a unitranche financing for the operational phase of the data center with a total capacity of 4.8 MW. Berenberg acts as advisor to the Fund.

Maincubes acquired the data center in 2016 and has conducted an extensive refurbishment thereafter. The subsidiary of Art-Invest operates the colocation data center on a long-term basis, which is located in the area Amsterdam Zone West close to the international airport Schiphol-Rijk and hence a prime location for data centers. Due to the refurbishment, the data center achieves a comparable low power usage effectiveness (PUE) of 1.46 and is well equipped for future energy efficiency demands of clients.

The Dutch data center market is undergoing a growth phase with an attractive future outlook. Amsterdam, together with London, Frankfurt and Paris, are the most important European data center locations due to its access to international internet connection points (e.g. AMS-IX).

Torsten Heidemann, Head of Infrastructure & Energy at Berenberg stated: „We are very glad that we could support maincubes with our unitranche financing for its first data center investment outside of Germany. Maincubes is specialized in growing data center markets which aligns well with Berenberg’s Digital Infrastructure Fund’s focus. The financing constitutes a good foundation for further cooperation and points out Berenberg’s focus on resource efficient projects.”

Berenberg provides unitranche and mezzanine financing via its Digital Infrastructure Fund for data centers and glass fiber networks in northern and western Europe and is still in its investment phase. Financing maincubes‘ data center matches the core business of the Fund and lays a foundation for further data center financings in Europe.

About Berenberg:

Berenberg was founded in 1590 and is today one of Europe's leading private banks with its Wealth and Asset Management, Investment Bank and Corporate Banking divisions. The Hamburg-based bank is managed by general partners and has a strong presence in the financial centres of Frankfurt, London and New York. The Infrastructure & Energy team, which is part of Corporate Banking, has launched five (junior) debt funds and co-investment mandates with a total volume of around EUR 725 Mio. Infrastructure & Energy acts as investment advisor to the funds, which provide access to attractive debt investment opportunities for institutional investors within the growth segments digital infrastructure and renewable energy. The team benefits from an extensive network and many years of relevant experience with a focus on structuring mezzanine and senior financings. https://www.berenberg.de/en/co...

About maincubes:

Maincubes is part of the German real estate investor and developer Art-Invest which belongs to the Zech-Group, Bremen. Maincubes owns data centers in Frankfurt and Amsterdam and provides its clients with a network of data centers of different size and focus that ensures colocation together with a secure eco system for the digital future of companies across sectors. Maincubes provides SECURE environments for the DIGITAL future. Find out more: http://www.maincubes.com

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