Cologne, November 18, 2024 – YPOG has successfully advised DTCP (Digital Transformation Capital Partners), a specialist investment management firm focused on digital transformation, on the structuring of its investment in GreenScale. This sustainable data center platform is engineered to cater to the expansive needs of hyperscale, AI, and cloud customers, prioritizing both sustainability and rapid deployments. The YPOG team, led by Partner Andreas Kortendick, provided comprehensive tax advice to DTCP on this significant investment. The advisory panel included Associated Partner Dr. Christian Joisten, Tax Specialist Dr. Orkun Ekinci, and Associate Dr. Maximilian Benke.
Launching with a robust 170MW of secured capacity across two strategic locations in Northern Ireland and the Republic of Ireland, GreenScale is on a trajectory to further develop an additional 300MW in the Nordics. This initiative aligns with its ambitious vision of constructing over 1GW of data center capacity throughout Europe, thereby bolstering the infrastructure required for the burgeoning Cloud and AI sectors. DTCP intends to support GreenScale's growth with an initial investment of £1 billion.
GreenScale sets itself apart by merging market agility with a focus on sustainability, providing a spectrum of flexible solutions from complete turnkey deployments to bespoke build-to-suit models, custom-designed for a global clientele. The facilities aim at incorporating alternative energy sources, thus enhancing the viability of renewable energy and contributing to regional grid stability. This approach enables global customers to leverage an energy-efficient infrastructure that is in harmony with European environmental directives and the needs of the communities.
The leadership team at GreenScale, comprising seasoned professionals with a wealth of experience in developing and managing large-scale data centers globally, is one of its core strengths. This includes CEO Daniel Thomas and other distinguished data center executives. The executive team is bolstered by Jean-Francois Berche, Senior Advisor at DTCP and incoming CTO of GreenScale, alongside Zahl Limbuwala, Operating Partner at DTCP, who will assume the role of GreenScale's Chairman.
Team
Andreas Kortendick (Lead, Tax), Partner, Cologne
Dr. Christian Joisten (Tax), Associated Partner, Cologne
Dr. Orkun Ekinci (Tax), Tax Specialist, Cologne
Dr. Maximilian Benke (Tax), Associate, Cologne
About DTCP
DTCP is an investment management firm with $3 billion in assets under management and over 50 professionals. DTCP has offices in Hamburg, Frankfurt, Berlin, London, Luxembourg, San Francisco, and Tel Aviv.
DTCP Infra specializes in European digital infrastructure investments, including mobile towers, fiber networks and datacenters. The firm’s infrastructure investments include Community Fibre Limited, Cellnex Netherlands, Open Dutch Fiber, maincubes, and GreenScale. For more information on DTCP, visit dtcp.capital.
Über GreenScale
GreenScale is a sustainable data centre platform engineered to support the advanced digital infrastructure of hyperscale, AI and Cloud customers.
Backed by DTCP, a leading specialist investment management firm focused on digital transformation, the attractiveness of the GreenScale offering is its commitment to providing a scalable and sustainable data centre platform - one which will not only provide for advanced digital infrastructure customers but will positively contribute to the energy infrastructure and local communities in which it operates. Strategically placed in Europe’s expanding data centre regions, GreenScale’s data centres will positively contribute to energy ecosystems, supporting grid stability through alternative power solutions and renewable energy.
With deep industry knowledge and European expertise, GreenScale’s mission is to deliver scalable data centre infrastructure, backed by renewable energy sources with short time to market.
