A&O Shearman advises Goodman on AUD14bn European data center partnership with CPP Investments

Goodman European Data Centre Development Partnership (GEDCDP) is a 50/50 partnership between Goodman and CPP Investments and involves an initial total capital commitment of AUD3.9 bn (EUR2.2bn) to develop four data center projects, one in Frankfurt, one in Amsterdam and two in Paris.

The projects total 435 MW of primary power and 282 MW of IT and all projects are due to start construction by June 30 2026.

The A&O Shearman team advising on the deal is led by partners Emma Danforth, Christian Hilmes, Nick Saner and counsel Jeff Hermans and saw close collaboration between its UK and Luxembourg funds and asset management teams and its Belgian, German, Dutch, French and UK real estate teams, with support by public law, energy and construction experts. A&O Shearman senior associate Carl-Philipp Hoepner, was seconded to Goodman.

Commenting on the launch, lead partner Emma Danforth said: “It’s fantastic to see Goodman embark on another data center partnership that will support its large-scale global data center development program. 

“This transaction enables us to fully harness our depth of knowledge in the data center space and is an excellent example of our cross border, joint venture, service arrangement and acquisition capabilities. This is a very complex arrangement to help establish and I am proud of the work our teams are putting in.”