A Stibbe team advised GGID
Stibbe advised GGID and EscherCloud on Project Westpoort, the acquisition of a property in Amsterdam Westpoort and a series of assets from Caransa Group, as well securing financing from debt and various equity investors.
Westpoort Datacenter will become the largest datacenter in Amsterdam of around 100.000 m² and consisting of several towers. Westpoort Datacenter will become a global landmark of a datacenter integrated in the local ecosystem. Highly energy-efficient, it aligns with Amsterdam's goal of reducing greenhouse gas emissions by 40% in 2025. This can mainly be achieved by innovative cooling techniques and through the supply of heat to residential areas.