Ropes & Gray Advised AtlasEdge on Milestone €1.2 Billion Financing, the Largest in its History

Ropes & Gray has advised AtlasEdge, a leading European data centre provider, on a €1.2 billion financing – the largest in the company’s history – providing significant capital to accelerate its expansion across Europe’s next wave of high-growth digital markets. The seven-year facility, backed by a syndicate of existing and new top-tier lenders, was oversubscribed, reflecting strong lender appetite for the company’s disciplined growth strategy.

The financing will enable AtlasEdge to execute its investment programme and deliver new, efficient, and sustainable data centre capacity across some of Europe’s fastest-growing digital markets, with key developments in Germany, Austria, and Iberia.

This facility builds on AtlasEdge’s proven track record, following the €725 million facility secured in 2022 and the €253 million financing completed last year for its Lisbon campus, both of which the Ropes & Gray team also advised on. It also underscores AtlasEdge’s strategic evolution: a deliberate shift from breadth to scale, following the recent sale of nine sites and a focus on investment in larger, scalable locations.

The Ropes & Gray team was led by finance partner Alex Robb with support from associates Hoey Lee, Chad Parkinson, Kahill Sarronwala and Oscar Burman, and trainee Aidan Guo.