KKR, a global investment firm, and Oak Hill Capital, a private equity firm, are increasing their stake in Global Technical Realty (GTR), a European built-to-suit data center platform with a US$ 1.9 billion equity commitment. KKR’s funding comes from its Global Infrastructure Strategy, which has deployed roughly US$ 34 billion in digital infrastructure across 24 investments globally.
According to a press release, the new funding will support GTR’s development pipeline, including greenfield projects and expansion into new European markets. The company has multiple projects underway and is increasing its operating team to meet growing demand for AI-ready, power-dense infrastructure.
Andrew Peisch, Partner, KKR, said, “This investment comes at a time when demand for scalable, energy-efficient data centers in Europe is accelerating, GTR has established itself as a leading developer of next-generation facilities, and we are deepening our commitment while partnering with Oak Hill.”
Adam Hahn, Partner at Oak Hill, “We are pleased to invest in GTR and collaborate with KKR to support a platform that sits at the intersection of cloud, AI, and critical infrastructure, we look forward to supporting the company as it continues to scale to meet the growing digital infrastructure needs across Europe.”
Franek Sodzawiczny, CEO, GTR, said, “This investment marks a major inflection point for GTR. Demand from hyperscale and AI-driven customers across Europe continues to accelerate, and this capital enables us to scale our team, deepen our operating capabilities, and move faster into new markets.”
KKR manages over US$ 20 billion in power and renewable projects. GTR has become one of Europe’s leading developers of high-performance data centers. The company operates across major and emerging markets, focusing on facilities designed for hyperscale, cloud, and AI workloads. Oak Hill, with over 30 years in digital infrastructure, has made 30 investments to date, with GTR marking its fourth platform in the data center sector.