Logo

Zenium secures funding for German data centre portfolio

Zenium has successfully closed ˆ100m Senior Secured Credit Facilities for Zenium Germany GmbH. 

The transaction, made by ING Bank, together with Banco Santander, HSH-Nordbank and NIBC Bank, will enable Zenium to refinance Frankfurt One - its already operational data center in Frankfurt - and finance the construction and fit-out of its second data center in the DE region, Frankfurt Two.  Combined, Zenium’s Frankfurt data center capacity will be c. 27 MW IT load.
 
“This is a significant milestone for Zenium and demonstrates our solid company standing and stature within the finance community,” said Franek Sodzawiczny, Founder and CEO of Zenium. “We are delighted to be continuing our commitment to Frankfurt, delivering world-class technical space that hyperscale and Fortune 500 companies demand.”
 
The ˆ100m facility was structured as a 6-year, senior secured hybrid project facility, providing Zenium with additional flexibility during the Frankfurt Two build, fit-out and ramp-up phases. The structured facility was oversubscribed. Other terms of the transaction are undisclosed.

Juniper Networks collaborates with Google Cloud

Juniper Networks is working with Google Cloud to accelerate new enterprise campus and branch...

Fivetran introduces Managed Data Lake Service for Google's Cloud Storage

Enterprises can now seamlessly centralise and optimise data in Google's Cloud Storage, accelerating...

CIOs 'overspend' on cloud

43% of CIOs say their CEOs and/or board of directors have concerns about their company’s cloud...

Leaseweb powers the future of European Cloud Sovereignty

Leaseweb has shared a major update on its contribution to the EU’s Important Projects of Common...

Security scheme could protect sensitive data during cloud computation

MIT researchers crafted a new approach that could allow anyone to run operations on encrypted data...

Gemini for the United Kingdom

Google Cloud unveils new AI product updates, including the launch of Chirp 3 on Vertex AI and UK...

Palfinger UK revolutionises maintenance scheduling with Microsoft Business Central and Servotion from Node4

Palfinger UK, a T H WHITE brand, is the UK's trusted distributor and service specialist for...

Leaseweb partners with CDNetworks

Leaseweb Global has formed a strategic partnership with CDNetworks, an APAC-leading network with...

© 2025 - Angel Business Communications Limited

Made with by Angels