VALOR served as the exclusive debt advisor to Conapto AB and Marguerite in securing a SEK 400m debt financing to further enable the growth of Conapto by establishing a new 20 MW data center in Southern Stockholm.
The expansion further strengthens Conapto’s ability to offer sustainable and secure data center colocation services in Stockholm. Excess heat from the facility will be recovered and utilized by Stockholm Exergi’s district heating network.
“VALOR was recommended to us because of their recent experience from securing a similar financing. We were impressed by VALOR’s ability to comprehensively identify and assess various options and secure the required financing at the targeted terms. We enjoyed working with the VALOR team throughout the process. We can warmly recommend VALOR as debt advisor in similar infrastructure financings” says Håkan Björklund, CEO at Conapto.
“Conapto is a tremendous company and a trailblazer on the Nordic colocation data center market. It was a pleasure to support the company and Marguerite in securing this important financing package, in spite of challenging market conditions, which is also a testament to the fact that there are still good financing solutions available for high-quality assets. We look forward to following the continued growth and success of the company” says Jonas Seemer, Partner and Head of Investment Banking at VALOR.
Conapto is a data center operator founded in 2018 and acquired in 2021 by Marguerite, a leading infrastructure investor in Europe.
Please contact Jonas Seemer, Partner and Head of Investment Banking, for more information.