Ascenty raises $190m to build five Latin American data centers

Explore this investment 03.16.17

As São Paulo 1 comes online

Brazilian data center provider Ascenty has raised $190 million to refinance existing debt and fund five ongoing data center construction projects.

The five-year syndicated loan came from ING, Itaú BBA, and two unnamed international banking institutions.

Ascenty’s ascent

“We took on new financing to assist us in the company’s expansion plans – in 2017, we will launch five new data centers,” CEO Chris Torto said (translated). “In challenging economic moments like the one we are going through in the country, new financing is proof of great results last year.”

 

Click to read more…