Linklaters advises InfraVia on its entry into exclusive discussions with the iliad Group to form a partnership aimed at developing a major European Hyperscale data center platform
Linklaters advises InfraVia on its entry into exclusive discussions with the iliad Group to form a partnership aimed at developing OpCore into a major European Hyperscale data center platform. As part of the transaction, InfraVia, through its infrastructure funds, would acquire a 50% equity stake in OpCore, a leading operator with high-quality data centers located in Paris, Marseille, Lyon, and in Poland.
Valued at an enterprise value of €860 million, this transaction marks a significant milestone in the growth and strategic development of OpCore. This partnership gives OpCore the righ financial structure with dedicated financing that will cover up to 75% of its investment needs with bank debt. It will enable OpCore to scale to more than 130 MW of capacity, strengthened by ongoing projects in Europe.
The multidisciplinary team at Linklaters was led by Florent Mazeron and Mehdi Boumedine, Corporate/M&A Partners, with Espérance Ait Bachir, Arthur Belmer, and Inès Berrada Associates in Corporate/M&A, Sonia Cissé, Partner, Julia Loiseau, Roxane Chrétien and Ibrahima Gaye, Associates, who handled Technology and Data Protection aspects, Jean-Francois Merdrignac, Counsel, and Marion Delvallet, Associate, on Intellectual Property matters, Samuel Bordeleau, Partner, Marie Kooli, Associate, in Energy & Infrastructure, Fanny Mahler, Partner, Pierre Sikorav, Counsel, and Gwendoline Vannarath, Associate, on Public Law aspects, Cyril Boussion, Partner, Lucille Cazala, Nicolas Le Guernic and Andréa Midy, Associates, on Tax matters, Thomas Elkins, Partner, and William Callier, Associate, in Antitrust and Foreign Investment and Géric Clomes, Partner, and Netanel Taid Kashani, Associate, on Employment Law aspects. A multidisciplinary team from the Warsaw office of Linklaters was also involved on the transaction.
The Polish aspects of the transaction were coordinated by Linklaters Warsaw team led by Łukasz Czerepak, Senior Associate in Corporte/M&A. The team included also Adam Usiądek, Senior Associate and Justyna Tuleja, Associate in Corporte/M&A, Szymon Sieniewicz, Head of TMT/IP, Daria Wojciechowska, Senior Associate and Małgorzata Czubernat, Junior Associate who handled TMT and Intellectual Property aspects, Dominik Piechowiak, Associate and Katarzyna Krupa, Junior Associate in Energy & Infrastructure, Monika Lerka, Managing Associate and Katarzyna Grodzka, Associate in Real Estate.
