Morgan Stanley Infrastructure Partners Announces Investment in UltraEdge
21 November 2023 - 4:00PM
Business Wire
Morgan Stanley Investment Management (“MSIM”), through
investment funds managed by Morgan Stanley Infrastructure Partners
(“MSIP”), a private infrastructure investment platform within MSIM,
announced it has entered into an exclusivity agreement to partner
with Altice France S.A. (“Altice France”) to establish the first
nationwide independent distributed colocation provider in France
through the acquisition of a majority interest in UltraEdge,
subject to regulatory approvals and other customary conditions.
Currently a part of SFR S.A., a fully-owned subsidiary of Altice
France, UltraEdge represents a portfolio of 257 data centers
interconnected via SFR’s countrywide fiber network which will be
carved out through a demerger of SFR’s data center operations, in
order to establish the first nationwide independent distributed
colocation provider in France. The passive infrastructure and
equipment of the data centers will be transferred to UltraEdge with
servers and active equipment retained at SFR. Through its
distributed portfolio of facilities and proximity to end users,
UltraEdge is expected to benefit from the increasing demand for
next-generation ultra-low latency connectivity services.
“We believe the opportunity to create an independent and
distributed edge colocation provider, benefiting from access to
SFR’s nationwide fiber infrastructure in France, makes UltraEdge a
very attractive investment for MSIP,” said Yacine Saidji, Managing
Director and Co-Head of Europe for MSIP.
MSIP will partner with Altice France to continue upgrading the
infrastructure and increasing the density of the portfolio, which
will contribute towards establishing UltraEdge’s position as a
leading provider in edge computing in France.
About UltraEdge
UltraEdge is an independent distributed colocation provider
consisting of a distributed portfolio of 257 data centers located
in metropolitan areas across France. UltraEdge enables essential
data storage and connectivity services benefiting from an installed
capacity of more than 45MW and 33,000sqm of owned office space as
well as from being interconnected via SFR’s nationwide fiber
network. With its extensive countrywide presence, UltraEdge is
positioned to benefit from the growing demand for ultra-low latency
connectivity services from corporate clients and other
telecommunications operators in France.
About Morgan Stanley Infrastructure Partners
Morgan Stanley Infrastructure Partners (“MSIP”) is a leading
global private infrastructure investment platform with
approximately $16 billion in assets under management1. Founded in
2006, MSIP has invested in a diverse portfolio of over 35
investments across transport, digital infrastructure, energy
transition and utilities. MSIP targets assets that provide
essential public goods and services with the potential for value
creation through active asset management. For further information
about Morgan Stanley Infrastructure Partners, please visit
www.morganstanley.com/im/infrastructurepartners.
About Morgan Stanley Investment Management
Morgan Stanley Investment Management, together with its
investment advisory affiliates, has more than 1,300 investment
professionals around the world and $1.4 trillion in assets under
management or supervision as of September 30, 2023. Morgan Stanley
Investment Management strives to provide outstanding long-term
investment performance, service, and a comprehensive suite of
investment management solutions to a diverse client base, which
includes governments, institutions, corporations and individuals
worldwide. For further information about Morgan Stanley Investment
Management, please visit www.morganstanley.com/im.
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services
firm providing a wide range of investment banking, securities,
wealth management and investment management services. With offices
in 42 countries, the Firm’s employees serve clients worldwide
including corporations, governments, institutions and individuals.
For further information about Morgan Stanley, please visit
www.morganstanley.com.
- AUM reflects assets managed by MSIP platform since
inception.
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version on businesswire.com: https://www.businesswire.com/news/home/20231121141890/en/
Morgan Stanley Media Relations Contact: Hugh Fraser / Tom Walton
Hugh.Fraser@morganstanley.com / Tom.Walton@morganstanley.com
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