Goldman Sachs Asset Management has made an investment in Piemonte Holding’s Elea Digital, a Brazilian data center platform. No financial terms were disclosed.
RIO DE JANEIRO, Feb. 2, 2022 /PRNewswire/ — Piemonte Holding and the Private Credit business within Goldman Sachs Asset Management announce they have completed an investment in Elea Digital, an ecosystem of six data centers across different Metro-Areas in Brazil.
The deal is aimed at boosting growth of Elea Digital, a Brazilian interconnected platform of edge data centers. An investment agreement between Piemonte Holding and the Private Credit business within Goldman Sachs Asset Management was reached last October and Brazilian antitrust and telecom regulators (CADE and Anatel) issued transaction approval last December.
The capital increase is aimed to accelerate the standardization and improvement of existing infrastructure, located in Porto Alegre, Curitiba, São Paulo, Brasilia and Rio de Janeiro, as well as further develop Elea Digital’s geographic footprint.
About Elea Digital
Founded by Piemonte Holding in 2019, Elea Digital is a data center infrastructure platform in Latin American with a differentiated wide geographical spread and interconnection focus across Brazil.
Elea Digital’s six data centers are at the edge of the central cloud regions in key Brazilian metro-areas: São Paulo, Rio de Janeiro, Porto Alegre, Curitiba and Brasília.
Currently Elea Digital’s core revenues are derived from colocation and cross-connectivity infrastructure services provided to a wide range of customers, mainly concentrated in the information technology, telecom, banking, media, and public sectors.
About Piemonte Holding
Headquartered in Rio de Janeiro, Brazil, Piemonte Holding is a financial group founded in 2012. Piemonte Holding deploys highly sophisticated transaction skills to invests capital and to foster a sustainable digitalization of the economy.
Piemonte Holding endeavors to excellence and core values in any deal it engages with, employing above benchmark competences to design and manage large scale projects, driven by technological innovation as well as infrastructure and economic development.