Starwood Capital Group, a global private investment firm focused on real estate, announced the launch of Starwood Digital Ventures, a platform dedicated to the firm’s growing global data center investment strategy.
Over the past five years, Starwood Capital has committed a total of approximately $8 billion in data center development encompassing 1.5 gigawatts in various stages of development, making it one of the largest privately held data center developers in the United States and Europe.
Starwood Digital Ventures will utilize funds from various Starwood Investment Vehicles to continue to develop its pipeline as well as partner with best-in-class data center operators.
In conjunction with this announcement, Starwood Capital also announced that it has entered into a strategic alliance with Worldwide Mission Critical, a consulting firm with deep expertise assisting clients with the design and development of data center projects. Worldwide Mission Critical provides services ranging from design management, bidding and procurement, construction quality control, and integrated testing for data center projects. The firm has partnered with Starwood Capital on several projects over the past five years. The strategic alliance will allow Starwood Capital to quickly scale its data center platform to support anticipated growth.
FinSMEs
18/01/2024