Starwood Capital Group, a private equity firm focused on real estate, has made an investment in Echelon Data Centres.
Echelon was founded in 2016 and is a data centre developer in Ireland and the U.K., providing facilities to support the demand for data and computing resources. Echelon currently has 140MW of capacity that is either operational or in late-stage construction, including a 91.4MW hyperscale campus in Dublin.
Deutsche Bank acted as financial advisor and Morgan Stanley acted as financial advisor for Starwood Capital, while Kirkland & Ellis and Arthur Cox acted as legal counsel. Eastdil Secured acted as financial advisor and Nomura acted as financial advisor for Echelon Data Centres, and William Fry acted as legal counsel. Morgan Stanley and UOB acted as mandated lead arrangers on the financing. Allen & Overy, Arthur Cox and A&L Goodbody acted for Echelon Data Centres on the financing and due diligence.