Developer Vantage Data Centers opened a record 13 new data centers in 2022, continuing a global expansion. That included new campuses in Montreal, Berlin, Frankfurt and South Africa, as its operations now span North America, Europe, Africa and Asia Pacific.
That growth was supported by more than $3 billion of debt and equity financing raised throughout the year, including USD$368 million in green loans to advance sustainable developments in Quebec City, Canada, and Northern Virginia.
Vantage now has 26 campuses spanning five continents, 12 countries and 18 markets with IT capacity totaling nearly 1.5GW once all campuses are fully developed.
“Vantage experienced explosive growth over the past year as we continued to remain hyper focused on meeting customer demand for sustainable digital infrastructure around the world,” said Sureel Choksi, president and CEO of Vantage Data Centers. “We appreciate the trust that our customers placed in us, as well as the confidence that our investors continue to have in our ability to execute.”
Rapid global growth has been the theme for Vantage since 2017, when the company was acquired by DigitalBridge, which was seeking a platform to target the wholesale data center market to complement DataBank, its portfolio company for colocation and edge computing.
Since becoming part of DigitalBridge, Vantage has been boosted by billions of dollars in investment, enabling it to both build and buy data centers and grow its data center network.
“The team at Vantage has built a world-class portfolio of hyperscale data centers, supporting the continued growth of the largest global technology companies as they scale their businesses to meet global market demand,” said Marc Ganzi, president and CEO of DigitalBridge. “Vantage is an industry innovator, and with the support of our team at DigitalBridge, will continue to grow and deliver reliability, efficiency and sustainability for the benefit of their hyperscale customers.”
North America
Vantage opened seven new data centers across its inaugural region of North America while continuing its aggressive expansion to keep pace with customer requirements.
- Canada: With a CAD$900M investment in Canadian operations, Vantage began development of a third Montreal campus while expanding existing campuses in Montreal and Quebec City. Upon completion, Vantage’s four Canadian campuses will total 143MW.
- Phoenix: Vantage broke ground on phase two of its growing Phoenix campus. Once fully developed, the mega campus will offer hyperscalers and large cloud providers 160MW of capacity across three facilities.
- New Facilities: Vantage opened new data centers in many of its North American markets, including Virginia, Arizona, Washington, California, Montreal and Quebec City.
Europe and Africa
Vantage opened its first campuses in South Africa and Poland while launching new investments in solar and wind power.
- South Africa: Vantage opened its first African data center campus in Johannesburg, South Africa, offering 16MW of IT capacity and announced the development of a second Johannesburg campus that will consist of 20MW of IT capacity.
- Poland: The company opened its first data center campus in Poland. Once fully developed, the two-data center development will offer 48MW of IT capacity.
- Germany: Vantage announced four new data center openings in Frankfurt and Berlin along with a new business office in Raunheim.
Asia Pacific
Since entering the region just over one year ago, Vantage has made significant strides to meet rising demand for digital infrastructure in APAC.
- Cyberjaya: Vantage announced the delivery of a second data center (KUL12) on its Cyberjaya campus in Kuala Lumpur, Malaysia. The company concurrently announced plans to continue expanding the campus with a third facility (KUL13), which will open its doors in the first half of 2023.
- Hong Kong: In November, Vantage announced the opening of a new Hong Kong office, serving as the regional hub to house engineering, construction, sales, finance and accounting, and leadership functions to support the company’s business across APAC.
Vantage continued to make progress toward its commitment to reach net zero carbon emissions by 2030. At its Zurich campus, the company is exploring ways to help the neighboring community by exporting waste heat into the local district heat network for use by adjacent buildings. Vantage also began using Hydro-treated Vegetable Oil (HVO), also known as “clean diesel,” at its Cardiff, U.K., campus and plans to continue its introduction across the globe wherever possible.
To keep pace with its growth, Vantage’s employee base increased by more than 60% ending the year with more than 1,000 employees around the world.