Private equity firm Ardian will collaborate with Verne to invest 5 billion euros in building a digital infrastructure hub in France.

On June 1st local time, French private equity firm Ardian announced a partnership with its data center group Verne to develop the next generation digital infrastructure park in the Ile-de-France region of France. The project has a maximum investment amount of up to 5 billion euros, with a target total installed capacity of 500 megawatts. The first phase of the project is expected to be completed by 2030.