News
Green completes a CHF 480 million refinancing and accelerates its investment programs in Switzerland
December 2022 by Marc Jacob
Green completed the
refinancing of its existing facilities with the closing of a
refinancing package of CHF 480 million from leading international and
Swiss banks. The funds will enable Green to accelerate its
development strategy and to fund the next phase of its growth
journey.
In the last three years, Green has intensified its cooperation with
leading enterprises and public cloud providers (hyperscale
companies), invested in sustainable technologies and pioneering
innovations and completed new, energy-efficient and high-performance
data centers in Zurich and vicinity.
The refinancing package reinforces Green’s position as the leading
Swiss data center provider and will enable to fund the expansion of
the current capacity from 33MW to 81MW through the construction of
additional capacity in Dielsdorf campus, the expansion of the
existing high-performance campus in Lupfig and through opportunities
of new campuses in Switzerland. As Green CEO Roger Süess explains,
As such, Green is supporting companies in their successful cloud
adoption with sustainable, innovative IT infrastructure, allowing
them to depart from in-house data centers and using the
energy-efficient data centers run by Green. With greater efficiency
and critical security, direct and private link-up to all leading
hyperscale companies, these centers become paramount any digital
transformation or journey to cloud.
Green is owned by InfraVia Capital Partners ("InfraVia") who advised
the company on the arrangement and execution of the refinancing.
Pauline Fiastre, Financing Director at InfraVia comments: "We are
very pleased to have supported Green with this refinancing which will
enable the company to pursue its growth trajectory and capture demand
from customers looking for capacity in Switzerland. We secured a CHF
480m financing package executed on competitive terms in particular in
the current macro
environment.
