Starwood Capital Group, a global private investment firm which manages Starwood Property Trust, announced that a controlled affiliate had made a strategic investment in Echelon Data Centres. Echelon was founded in 2016 and has become a data centre developer in Ireland and the U.K. providing large-scale facilities to support the global demand for data and computing resources. Echelon currently has 140MW of capacity that is either operational or in late-stage construction. Starwood Capital will commit approximately $850M through Starwood Opportunity Fund XII and Starwood Real Estate Income Trust, becoming a 50% shareholder in Echelon and providing material capital for its continued growth. The investment values the Company at approximately EUR2.5B Enterprise Value. The company’s capitalisation is further primed for growth through a new EUR900M debt facility.
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