Company Name: Kao Data
Location: London, UK
Sector: Data Centre Development and Operation
Funding Details: Completed a new £206M debt raise, with an extendable accordion facility up to £356M from Deutsche Bank.
Purpose of Financing: To fast-track new contracted developments with customers in cloud, AI, and financial services sectors, and for the build-out of the KLON-06 data centre.
Leadership: CFO Matthew Harris
Product and Services: Kao Data specializes in developing and operating data centres specifically engineered for AI and advanced computing. Their portfolio encompasses over 160MW of IT load, covering operational, under development, or planned data centres. These facilities are distinguished by high energy efficiency, sustainability, and strong ESG credentials.
About Company: Kao Data focuses on providing cutting-edge data centre solutions. The company is known for its commitment to energy efficiency and sustainable practices in data centre operation.
Recent Developments and Future Plans:
- The funding will support growth across operational and planned assets.
- Aims to expand in the UK and Europe.
- Established a new capital structure in late 2023 with shareholders Infratil Ltd, Legal & General Capital, and Goldacre Noé Group, enabling further equity investment for strategic growth.