A new data center joint venture plans to build and operate facilities in Germany.
Data Castle has started construction on its first data center in the town of Schwalbach am Taunus, just outside of Frankfurt.
The 25MVA data center is the first in what the company calls the 'Green Data Center - Platform.'
Data Castle is a new joint venture between global alternative investment firm Angelo Gordon and data center development management company DCD Data Center Developers (editor's note: the company has no relation to DCD), which itself launched earlier this year.
The company is led by Dr. Christopher Stief, of boutique advisory firm DCA Data Center Advisors, and chief strategy officer Marcus Köhler.
"With the increasing demand for colocation and cloud solutions in Europe, we believe this is an ideal time to launch an innovative, new green data center platform, and we are confident that Angelo Gordon is the right partner for this endeavor," Dr. Stief said.
"With a highly experienced team, disruptive business model, and strong customer network, Data Castle is well positioned to become a predominant player in the heart of Europe’s data center market.”
Reius and Ernst & Young acted as advisors on the joint venture.