Adia, GIC lead USD 1.6 bn investment in Vantage Data Centers

Adia + GIC commit USD 1.6 bn to Vantage Data Centers: The Abu Dhabi Investment Authority (Adia), through a wholly-owned subsidiary, and an affiliate of the Singaporean wealth fund GIC led a USD 1.6 bn investment in data center developer Vantage Data Centers, according to a press release published last week.

The ownership breakdown: Both Adia and GIC are existing backers of Vantage, alongside alternative asset manager DigitalBridge Group. Adia acquired a 40% stake in DigitalBridge’s subsidiary Landmark Dividend back in April 2024.

The investment will fund Vantage’s Asia Pacific expansion, including the acquisition of a 300+ MW hyperscale campus in Johor, Malaysia, from Mubadala-backed data center developer Yondr Group. The site, located in Sedenak Tech Park, will comprise three facilities once fully built and will be branded JHB1. Additional capital will support Vantage’s broader APAC platform.

Both Adia and GIC’s investment and Vantage’s acquisition of Johor are expected to close in 4Q 2025. The transaction will lift Vantage’s APAC footprint to 1 GW of planned and operational capacity across Australia, Malaysia, Japan, Taiwan, and Hong Kong.

REMEMBER- Adia was reportedly expected to participate in Vantage’s USD 1.6 bn bid for Yondr. Yondr Group, backed by Mubadala and Apollo since 2024, raised IFC financing and debt to support the Johor project. Several DigitalBridge affiliates acquired Yondr’s portfolio earlier this year, including the JHB1 campus, before agreeing to transfer the Malaysian assets to Vantage.

MORE INVESTMENT UPDATES-

Dubai-based pan-African industrial developer Arise Integrated Industrial Platforms (Arise IIP) raised USD 700 mn from Saudi infrastructure developer Vision Invest, according to a press release. The transaction — one of Africa’s largest private infrastructure financings to date — included both primary and secondary components.

The details: Vision Invest joined Arise IIP as a new shareholder, marking the Saudi player’s first direct investment in Africa. Existing shareholders include the Fund for Export Development in Africa — the development impact investment platform of Afreximbank — Africa Finance Corporation (AFC), and Equitane.

Where will the money go? The new capital will fund Arise IIP’s expansion across Africa, where it operates integrated industrial zones in more than 14 countries. Since its founding in Gabon in 2010, the company has deployed around USD 2 bn in infrastructure projects and created over 50k jobs.

ADVISORS- Standard Chartered Bank and Norton Rose Fulbright advised Arise IIP, while EFG Hermes and Linklaters advised Vision Invest.