Marguerite, a pan-European infrastructure investor, has invested in PHOCEA DC, a French data center operator based in Marseille. The transaction, carried out through the Marguerite III fund, was completed in early August 2026.
Founded in 2023, PHOCEA DC opened its first data center in Marseille in January 2025. The 1.2 MW, Tier 3 facility provides certified hosting services to local authorities, healthcare institutions, businesses, telecom operators and managed service providers.
Marguerite’s equity investment, complemented by bank financing, will support an investment plan of more than €120 million to develop a network of edge data centers across Marseille. The construction of a second site is expected to start shortly.
The Ropes & Gray team in Paris comprised partner Emmanuel Mimin, counsel Raphaël Durand and Clement Delaruelle, and associate Elsa Lalanne, advising on the corporate aspects of the transaction.
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